Use the following table:

 

		Case X			Case Y			Case Z
Cash	$	950		$	1,510		$	2,000
Short-term investments		0			0			800
Receivables		0			1,740			1,400
Inventory		3,500			1,600			6,700
Prepaid expenses		2,700			1,050			1,500
Total current assets	$	7,150		$	5,900		$	12,400
Current liabilities	$	3,700		$	1,850		$	5,900

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