Camaro Cash Short-term investments Current receivables Inventory Prepaid expensest $ 2,000 GTO $ 160 Torino $ 1,100 0 0 400 190 2,000 440 200 1,880 500 600 2,700 900 Total current assets $ 4,390 $ 2,980 $ 5,700 Current liabilities $ 2,080 $ 1,250 $ 3,200 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 Numerator: 1 Acid-Test Ratio Denominator: Acid-Test Ratio Acid-test ratio = to 1 to 1 to 1 Cash Short-term investments Current receivables Inventory Camaro $ 2,000 GTO $ 160 Torino $ 1,100 0 0 400 190 2,000 . 440 600 2,700 Prepaid expenses 200 1,880 500 900 Total current assets $ 4,390 $ 2,980 $ 5,700 Current liabilities $ 2,080 $ 1,250 $ 3,200 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 Which company is in the best position to meet short-term obligations? Which company is in the best position to meet short-term obligations?