Use the following table: Cash Short-term investments Receivables Inventory Prepaid expenses Total current assets Current liabilities Quick ratio Case X Case X Case Y $800 $900 Case Y 0 0 1,020 960 620 2,000 1.100 $4,200 $3,500 $2,200 $1,100 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 Z Case Z $1,160 480 830 3.980 890 $7,340 $3,530 Best Case