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4 Use the following table 5 points Case X Total current assets Cash Short-term investments: Receivables Inventory Prepaid expenses Current liabilities $ 860 Case
4 Use the following table 5 points Case X Total current assets Cash Short-term investments: Receivables Inventory Prepaid expenses Current liabilities $ 860 Case Y $1,140 0 1,320 Case Z $1,520 600 1,070 2,600 2,000 1,200 800 $5,460 $4,460 5,060 1,130 $9,380 $2,000 $1,400 $4,430 01.09.17 Required: Print Saved Help Calculate the quick ratio in each of the above cases and select the case which is in the best position to meet short-term obliga most easily. (Round your answers to 2 decimal places.) Case X Case Y Case Z Best Case Quick ratio
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