UIC TUT INIU Cash Short-term investments Current receivables Inventory Prepaid expenses $ 2,650 $ 280 $...

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UIC TUT INIU Cash Short-term investments Current receivables Inventory Prepaid expenses $ 2,650 $ 280 $ 1,400 0 0 310 560 2,300 2,120 400 750 3,300 400 700 900 Total current assets $ 5,660 $ 3,660 $ 6,750 Current liabilities $ 2,320 $ 1,370 $ 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? Complete this question by entering your answers in the tabs below. Required A Required B Compute the acid-test ratio for each of the separate cases above. Camaro GTO Torino Numerator: + Acid-Test Ratio Denominator: = Acid-Test Ratio = Acid-test ratio = II to 1 = to 1 = to 1 Required A Required B A UIC TUT INIU Cash Short-term investments Current receivables Inventory Prepaid expenses $ 2,650 $ 280 $ 1,400 0 0 310 560 2,300 2,120 400 750 3,300 400 700 900 Total current assets $ 5,660 $ 3,660 $ 6,750 Current liabilities $ 2,320 $ 1,370 $ 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? Complete this question by entering your answers in the tabs below. Required A Required B Compute the acid-test ratio for each of the separate cases above. Camaro GTO Torino Numerator: + Acid-Test Ratio Denominator: = Acid-Test Ratio = Acid-test ratio = II to 1 = to 1 = to 1 Required A Required B A