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Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities Camaro $ 2,500 0 280 2,225 400 $ 5,405 $ 2,260 GTO

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Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities Camaro $ 2,500 0 280 2,225 400 $ 5,405 $ 2,260 GTO $ 250 0 530 2,060 700 $ 3,540 Torino $ 1,300 500 600 3,150 900 $ 6,450 $ 3,650 $ 1,340 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

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