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Cash Short-term $1,850 $ 130 $1,000 o 500 0 investments Current receivables Inventory Prepaid expenses 410 450 1,925 1,820 2,550 200 500 900 Total current
Cash Short-term $1,850 $ 130 $1,000 o 500 0 investments Current receivables Inventory Prepaid expenses 410 450 1,925 1,820 2,550 200 500 900 Total current assets 4,135 $2,860 $5,400 Current liabilities 2,020 $1,220 $3,050 Compute the current ratio and acid-test ratio for each of the above separate cases. Current Ratio Choose Numerator: Choose Denominator: Current Ratio Current ratio Case X Case Y Case Z to 1 1 to 1 Acid-Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio Acid-test ratio Case X to 1 Case Y to 1
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