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Use the following table: table [ [ , Case x , Case Y , Case Z Use the following table: $3,570 $3,020 $6,320 $1
Use the following table:
tableCase Case Case
Use the following table: $3,570 $3,020 $6,320 $1 , 900 $3 , 080 Cash Short-term investments Receivables Inventory Prepaid expenses Total current assets Current liabilities Required: Case X 770 o 1 , 700 , 100 Case Y 780 o 870 840 530 950 case Z 980 420 710 3 , 440 770 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.) Quick ratio
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