Exercise $5-21($Static$)$ Computing and analyzing the acid$-$test ratio LO A$1$

$$CamaroGTOTorinoCash$ $2,000$$ $110$$ $1,000$Short$-$term investments$500580$Current receivables$350470700$Inventory$2,6002,4204,230$Prepaid expenses$200500900$Total current assets$ $5,200$$ $3,500$$ $7,410$Current liabilities$ $2,000$$ $1,000$$ $3,800$

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

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