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Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Case X Case Y Case Z $ 2,500 250 $1,300 500 600 2,060 3,150
Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Case X Case Y Case Z $ 2,500 250 $1,300 500 600 2,060 3,150 900 $5,405 3,540 $6,450 530 280 2,225 700 Current liabilities $ 2,260 1,340 $3,650 Compute the current ratio and acid-test ratio for each of the following separate cases Current Ra Choose Numerator: Choose Denominator: Current Ratio Current ratio Case X Case Y Case Z 0 to 1 0 to 1 cid-Test Ratio Choose Numerator: Choose Denominator: Acid-Test Ratio Acid-test ratio Case X Case Y Case Z 0 to 1
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