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Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Camaro GTO Torino $2,100 $ 180 $1,100 0 0 700 210 460 700 2

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Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Camaro GTO Torino $2,100 $ 180 $1,100 0 0 700 210 460 700 2 050 1,920 2,800 300 600 900 $4,660 $3, 160 $6,200 $2,120 $1,270 $3,300 Current liabilities a. Compute the acid-test ratio for each of the following separate cases. b. Which company is in the best position to meet short-term obligations? Complete this question by entering your answers in the tabs below. Required A Required B Compute the acid-test ratio for each of the following separate cases. Acid-Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio Acid-test ratio Camaro to 1 GTO to 1 Torino to 1

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