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Exercise 4-14 Computing and analyzing acid-test and current ratios LO A1 2 points eBook Hint Case Case Y Case z Cash $2,000 $ 119 $1,000

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Exercise 4-14 Computing and analyzing acid-test and current ratios LO A1 2 points eBook Hint Case Case Y Case z Cash $2,000 $ 119 $1,000 Short-term investments 50 580 Current receivables 350 470 700 Inventory 2,600 2,420 4,230 Prepaid expenses 200 500 900 Total current $5,200 $3,500 $7,410 assets Current liabilities $2,000 $1,000 $3,800 Print References 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 Me Graw UAB

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