Camaro GTO Torino

Cash $ $2,450$ $ $240$ $ $1,300$

Short$-$term investments $00400$

Current receivables $270520550$

Inventory $2,2002,0403,100$

Prepaid expenses $300700900$

Total current assets $ $5,220$ $ $3,500$ $ $6,250$

Current liabilities $ $2,240$ $ $1,330$ $ $3,600$

Compute the acid$-$test ratio for each of the separate cases above.

Which company is in the best position to meet short$-$term obligations?