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Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Case X Case Y Case z $2,300 $ 210 $1,200 0 500 240490400 2,125

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Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Case X Case Y Case z $2,300 $ 210 $1,200 0 500 240490400 2,125 1,980 2,950 300 600 900 $4,965 $3,280 $5,950 Current liabilities $2,180 $1,300 $3,450 Compute the current ratio and acid-test ratio for each of the following separate cases. Current Ratio Choose Denominator: Choose Numerator: = Current Ratio Current ratio to 1 Case X Case Y Case z to 1 Acid-Test Ratio Danaminator Choose Denominator: Choose Numerator: Acid-Test Ratio Acid-test ratio Case X Case Y Case z

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