Use the following table:

Case X Case Y Case Z

Cash $ $910$ $ $1,350$ $ $1,760$

Short$-$term investments $00720$

Receivables $01,5401,240$

Inventory $3,1001,4405,980$

Prepaid expenses $2,3009301,340$

Total current assets $ $6,310$ $ $5,260$ $ $11,040$

Current liabilities $ $3,300$ $ $1,650$ $ $5,300$

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 $2$decimalplaces. Quick Ratio $---$ case X $-----$ Case Y$------$ Case Z$------$ Best case$------$