Use the following table: Case X Case Y Case Z Total current assets Cash Short-term investments Receivables Inventory Prepaid expenses Current liabilities $ 930 $1,430 $1,880 0 0 760 0 1,640 1,320 3,300 1,520 6,340 2,500 990 1,420 $6,730 $5,580 $11,720 $3,500 $1,750 $5,600 Required: Calculate the quick ratio in each of the above cases and select the case which is in the best position to meet short-term obligations most easily. (Round your answers to 2 decimal places.) Answer is complete but not entirely correct. D Case X Quick ratio 0.98 Case Y 2.32 X Case Z Best Case 0.96 Case Y