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Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Case X Case Y Case 2Z $.2,000 110 1,000 580 700 2,600 2,420 4,
Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Case X Case Y Case 2Z $.2,000 110 1,000 580 700 2,600 2,420 4, 230 500 90 $5,200 3,500 $7,410 50 350 470 200 Current liabilities 2,000 1,000 3,800 Compute the current ratio and acid-test ratio for each of the following separate cases
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