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compute the current ratio and acid test ratio for each of the following seperate cases Exercise 4-14 Computing and analyzing acid-test and current ratios LO

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Exercise 4-14 Computing and analyzing acid-test and current ratios LO A1 points Camaro GTO Torino $2,800 $ 310 $1,500 00600 340 590 450 2,375 2,180 3,450 400 700 900 $5,915 $3,780 $6,900 Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities Skipped $2.380 $1.400 $3.950 eBook Hint Compute the current ratio and acid-test ratio for each of the following separate cases. References Current Ratio Choose Denominator: Choose Numerator: Current Ratio Current ratio Camaro Torino Oto 1 Olto 1 Acid-Test Ratio Choose Denominator: Choose Numerator: Acid-Test Ratio Acid-test ratio O to 1 O to 1 Camaro GTO Torino

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