Camaro Cash Short-term investments Current receivables $ 2,400 0 260 Inventory 2,175 GTO $ 230 510 2,020 Torino $ 1,300 0 600 Prepaid expenses 300 600 500 3,050 900 Total current assets $ 5,135 $ 3,360 $ 6,350 Current liabilities $ 2,220 $ 1,320 $ 3,550 Required: a. Compute the acid-test ratio for each of the separate cases above. b. Which company is in the best position to meet short-term obligations? Complete this question by entering your answers in the tabs below. Required A Required B Compute the acid-test ratio for each of the separate cases above. Camaro GTO Torino Acid-Test Ratio Choose Numerator: Choose Denominator: Acid-Test Ratio 1 Current liabilities = Acid-test ratio 7 0 to 1 / 1 = = 0 to 1 0 to 1