Compute the current ratio and acid-test ratio for each of the following separate cases. Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Camaro $ 2,350 0 250 2,150 300 $5,050 GTO $ 220 0 500 2,000 600 $3,320 Torino $1,200 700 450 3,000 900 $6,250 Current liabilities $2,200 $1,310 $3,500 Current Ratio Choose Denominator: Choose Numerator: = 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 to 1 Camaro GTO to 1 to 1 Torino 1 =