Camaro GTO Torino Cash Short-term investments Current receivables $ 2,350 $ 220 $ 1,200 0 0 700 250 Inventory Prepaid expenses 2,150 300 500 2,000 450 3,000 600 900 Total current assets $ 5,050 $ 3,320 $ 6,250 Current liabilities $ 2,200 $ 1,310 $ 3,500 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 Choose Numerator: Acid-Test Ratio Choose Denominator: = Acid-Test Ratio = Acid-test ratio to 1 to 1 to 1 < Required AI Required B > Cash Short-term investments Current receivables Inventory Camaro $2,350 GTO Torino $ 220 $ 1,200 0 0 700 250 2,150 500 2,000 450 3,000 Prepaid expenses 300 600 900 Total current assets $ 5,050 $ 3,320 $ 6,250 Current liabilities $ 2,200 $ 1,310 $ 3,500 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? < Required A Required B