Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Camaro orino $ 2,000 $ 116 $ 1,000 50 0 580 350 470 700 2,600 2,420 4,230 200 500 900 $ 5,200 $3,500 $ 7,410 $ 2,000 $1,000 $ 3,800 Current liabilities Compute the current ratio and acid-test ratio for each of the following separate cases. Current Ratio Choose Denominator: Choose Numerator: Current Current 7 1 Camaro GTO 7 = Torino Acid.Test Ratio Choose Denominator: Acid-Test Choose Numerator: Acid.test Current liabilities $2,000 $1,000 $3,800 Compute the current ratio and acid-test ratio for each of the following separate cases. Choose Numerator: Current Ratio Choose Denominator: Current Ratio Il Current ratio 1 11 to 1 Camaro GTO Torino to 1 1 to 1 Acid Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio = Acid-test ratio / 11 to 1 Camaro GTO Torino = to 11 to 1 Current liabilities $ 2,000 $1,000 $3 ompute the current ratio and acid-test ratio for each Curr Choose Numerator: Choo 1 hing Camaro GTO Torino Accounts receivable Cash Acid-TE Choos Cost of goods sold Current assets Camaro GTO Torino nt liabilities $ 2,000 $1,000 $3, te the current ratio and acid-test ratio for each Curre Choose Numerator: Choo U Current assets Current liabilities Current receivables Acid-Te Inventory Choose Net sales ro P liabilities the current ratio and acid-test ratio for e Choose Numerator: Current receivables Inventory Ac Net sales CH Quick assets Short-term investments TO U