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Camaro GTO Torino Cash $ 2,000 $ 160 $ 1,100 Short-term investments 0 0 400 Current receivables 190 440 600 Inventory 2,000 1,880 2,700 Prepaid
Camaro GTO Torino Cash $ 2,000 $ 160 $ 1,100 Short-term investments 0 0 400 Current receivables 190 440 600 Inventory 2,000 1,880 2,700 Prepaid expenses 200 500 900 Total current assets $ 4,390 $ 2,980 $ 5,700 Current liabilities $ 2,080 $ 1,250 $ 3,200 Compute the acid-test ratio for each of the separate cases above. Which company is in the best position to meet short-term obligations
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