Question: Use the following table Casex $ 930 Casey $1.430 Cash Short-term investments Receivables Inventory Prepaid expenses Total current assets Current liabilities 1,640 3,300 1,520 2,500

 Use the following table Casex $ 930 Casey $1.430 Cash Short-term

investments Receivables Inventory Prepaid expenses Total current assets Current liabilities 1,640 3,300

Use the following table Casex $ 930 Casey $1.430 Cash Short-term investments Receivables Inventory Prepaid expenses Total current assets Current liabilities 1,640 3,300 1,520 2,500 990 56,730 55,50 $ 3,500 51,250 case 1 $ 1,880 760 1,320 6,340 1,420 $11,720 $ 5,600 Required: Calculate the quick ratio in each of the above cases and select the case which is in the best position to meet short-term obligations most easily. (Round your answers to 2 decimal places.) Case X Case Y Case z Best Case Quick ratio

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