Exercise $4-20($Algo$)$ Computing and analyzing the acid$-$test ratio LO A$1$

$$CamaroGTOTorinoCash$ $2,100$$ $180$$ $1,100$Short$-$term investments$00700$Current receivables$210460700$Inventory$2,0501,9202,800$Prepaid expenses$300600900$Total current assets$ $4,660$$ $3,160$$ $6,200$Current liabilities$ $2,120$$ $1,270$$ $3,300$

Required:

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

Which company is in the best position to meet short$-$term obligations?