Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities Camaro GTO Torino $ 2,200 $ 200 $ 1,200 B 0 400 230 2,100 480 1,960 800 2,900 300 600 900 $ 4,830 $ 3,240 $ 6,200 $ 2,160 $ 1,290 $ 3,400 a. Compute the acid-test ratio for each of the separate cases above. 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 separate cases above. Numerator: Quick assets Camaro GTO Acid-Test Ratio Denominator: Current liabilities Torino Acid-Test Ratio Acid-test ratio = to 1 = to 1 = to 1