Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities Camaro GTO Torino $ 2,550 $ 260 $1,300 @ 700 290 540 650 2,250 2,080 3,200 400 700 900 $5,490 $3,580 $ 6,750 $ 2,280 $1,350 $3,700 Compute the current ratio and acid-test ratio for each of the following separate cases. Current Ratio Choose Denominator: Choose Numerator: 1 1 11 Camaro GTO Current Ratio Current ratio to 1 to 1 to 1 11 Torino = Acid-Test Ratio Choose Denominator: Choose Numerator: 1 11 = Camaro GTO Torino Acid-Test Ratio Acid-test ratio to 1 to 1 to 1 11 1 1