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Use the following table: Cash Short-term investments Receivables Case X Case Y Case Z $ 840 $ 1,060 $ 1,400 0 0 560 0

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Use the following table: Cash Short-term investments Receivables Case X Case Y Case Z $ 840 $ 1,060 $ 1,400 0 0 560 0 1,220 990 Inventory 2,400 Prepaid expenses 1,800 1,120 740 4,700 1,050 Total current assets $ 5,040 $ 4,140 $ 8,700 Current liabilities $ 2,600 $ 1,300 $ 4,130 Saved Help Save & Exit 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.) Case X Case Y Case Z Best Case Quick ratio

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