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Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities Camaro GTO Torino $ 2,200 $ 2ee $ 1,200 @ 400 230

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Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities Camaro GTO Torino $ 2,200 $ 2ee $ 1,200 @ 400 230 480 800 2,1ee 1,960 2,900 3ee 600 900 $ 4,830 $3,240 $ 6,200 $ 2,160 $1,290 $3,400 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 to 1 Camaro GTO to 1 to 1 Torino Acid-Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio Acid-test ratio to 1 to 1 Camaro / GTO to 1 Torino

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