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2 15 points Print References Use the following table: Cash Short-term investments Receivables Inventory Prepaid expenses Total current assets Current liabilities Quick ratio Case X

2 15 points Print References Use the following table: Cash Short-term investments Receivables Inventory Prepaid expenses Total current assets Current liabilities Quick ratio Case X Case Y $ 780 $ 820 0 0 0 1,800 1,200 920 880 560 $3,180 $6,660 $3,780 $2,000 $1,000 $3,230 Required: Calculate the quick ratio in each of the above cases and select the case which is in the best position to meet sh most easily. (Round your answers to 2 decimal places.) Case X Case Y Case Z $1,040 440 750 3,620 810 Case Z Best Case
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Use the following table: Required: Calculate the quick ratio in each of the above cases and select the case which is in the best position to meet s most easily. (Round your answers to 2 decimal places.)

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