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Case case Case Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assetS Current liabilities $2, 800 310 $1,500 0 600 340 590 450

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Case case Case Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assetS Current liabilities $2, 800 310 $1,500 0 600 340 590 450 2,375 2,180 3,450 700 900 $5,915 $3,780 $6,900 $2,380 $1,400 $3,950 400 Compute the current ratio and acid-test ratio for each of the following separate cases. Current Ratio Choose Denominator: Choose Numerator: = | Current Ratio Current ratio Case X Case Y Case Z to 1 to 1 to 1 Acid-Test Ratio Prev 8 of 8NerO

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