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Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities Camaro $ 2,650 0 310 2,300 400 $ 5,660 $ 2,320 GTO

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Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities Camaro $ 2,650 0 310 2,300 400 $ 5,660 $ 2,320 GTO $ 280 0 560 2,120 700 $ 3,660 $ 1,370 Torino $ 1,400 400 750 3,300 900 $ 6,750 $ 3,800 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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