Question: Case X Case Y Case Z Cash $ 2,850 $ 320 $ 1,500 Short-term investments 0 0 400 Current receivables 350 600 500 Inventory 2,400

Case X Case Y Case Z
Cash $ 2,850 $ 320 $ 1,500
Short-term investments 0 0 400
Current receivables 350 600 500
Inventory 2,400 2,200 3,500
Prepaid expenses 400 700 900
Total current assets $ 6,000 $ 3,820 $ 6,800
Current liabilities $ 2,400 $ 1,410 $ 4,000

Compute the current ratio and acid-test ratio for each of the above separate cases.

Current Ratio
Choose Numerator: Choose Denominator: = Current Ratio
/ = Current ratio
Case X / = 0 to 1
Case Y / = 0 to 1
Case Z / = 0 to 1
Acid-Test Ratio
Choose Numerator: Choose Denominator: = Acid-Test Ratio
/ = Acid-test ratio
Case X / = 0 to 1
Case Y / = 0 to 1
Case Z / = 0 to 1

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