Use the following table: Cash Short-term investments Receivables Inventory Prepaid expenses Total current assets Current liabilities Quick ratio Case X 960 $ Case X 0 0 Case Y $1,550 Case Y 0 1,790 1,640 1,080 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.) 3,600 2,800 $ 7,360 $6,060 $12,740 $3,800 $1,900 $6,050 Case Z $ 2,060 820 1,440 6,880 1,540 Case Z Best Case

Nse the following table: 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.)