Question: Please assist me with this question... Exercise 5-14 Computing and analyzing acid-test and current ratios LO A1 Cash Short-term investments Current receivables Inventory Prepaid expenses

Please assist me with this question...

Please assist me with this question... Exercise 5-14 Computing and analyzing acid-test

Exercise 5-14 Computing and analyzing acid-test and current ratios LO A1 Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets $ 2,000 160 $1,100 489 600 2,000 1,888 2,700 9ee 190 200 $ 4,390 $2,88 446 see $ 2,980 $1,250 $ 5,780 Current 1iabilities s 3,200 Compute the current ratio and acid-test ratio for each of the following separate cases Ch se Numerator: Choose Den inator: Current Ratio t assets 0 to 1 0 to 1 0 to 1 Case Y Case Z Acid Test Ratio Choose Denominator: Choose Numerator: Acid Test Ratio

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