Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities Camaro GTO Torino $ 2,600 $ 270 $1,400 600 300 550 700 2,275 2,100 3,250 400 700 900 $ 5,575 $ 3,620 $ 6,850 $ 2,300 $1,360 $3,750 Compute the current ratio and acid-test ratio for each of the following separate cases. Current Ratio Choose Denominator Choose Numerator 1 Camaro GTO Torino Current Ratio Current ratio to 1 to 1 to 1 Acid Test Ratio Choose Denominator: Choose Numerator Acid-Test Ratio Acid-test ratio Compute the current ratio and acid-test ratio for each of the following separate cases. Current Ratio Chiogo Denominator Choose Numerator = Current Ratio Current ratio to 1 Camaro GTO Torino 1 to 1 to 1 Acid Test Ratio Choose Denominator: Choose Numerator: Acid. Test Ratio Acid-test ratio to 1 to 1 Camaro GTO Torino 1 1 to 1