Exercise $4-21($Static$)$ Computing and analyzing the acid$-$test ratio LO A$178$DOINTS$00$:$22$:$00$SkippedCamaroGTOTorinoCash$ $2,000$$ $110$$ $1,000$Short$-$term investments$500580$Current receivables$3502,6004702,4207004,230$Inventory$500900$Prepaid expenses$200$$ $7,410$Total current assets$ $5,200$$ $3,500$Current liabilities$ $2,000$$ $1,000$$ $3,800$a$.$ Compute the acid$-$test ratio for each of the separate cases above.b$.$ Which company is in the best position to meet short$-$term obligations?