Exercise 4-14 Computing and analyzing acid-test and current ratios LO A1 Compute the current ratio and acid-test ratio for each of the following separate cases. points GTO Camaro $ 1,800 1,000 eBook 400 Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Current liabilities 150 1,900 200 Hint Print $ 4,050 32.820 $5.200 $ 2,000 $ 1,210 $ 3.000 References Choose Numerator: Current Ratio Choose Denominator: Current Ratio Current ratio Camaro GTO Torino Choose Numerator: Acid-Test Ratio Choose Denominator: Acid-Test Ratio Acid-test ratio Camaro GTO Torino