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Camaro $2,450 GTO $ 240 520 Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities 270 2,200 300 $5,220 $2,240 2,

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Camaro $2,450 GTO $ 240 520 Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities 270 2,200 300 $5,220 $2,240 2, 040 700 $3,500 $1,330 Torino $1,300 400 550 3, 100 900 $6,250 $3,600 Compute the current ratio and acid-test ratio for each of the following separate cases. Current Ratio Choose Denominator: Choose Numerator: Current Ratio Current ratio to 1 Camaro GTO Torino Acid-Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio Acid-test ratio Camaro GTO Torino

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