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UT Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Camaro GTO Torino $1,900 $ $ 140 $1,000 0 0 0 700 170
UT Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Camaro GTO Torino $1,900 $ $ 140 $1,000 0 0 0 700 170 420 500 1,950 1,840 2,600 200 500 900 $4,220 $2,900 $5,700 $ 2,040 $1,230 $3,100 pints Current liabilities eBook Hint Print a. Compute the acid-test ratio for each of the following separate cases. b. Which company is in the best position to meet short-term obligations? References Complete this question by entering your answers in the tabs below. Required A Required B Compute the acid-test ratio for each of the following separate cases. Acid-Test Ratio Choose Denominator: Choose Numerator: = Acid-Test Ratio 1 = / Camaro GTO Acid-test ratio to 1 to 1 1 Torino Ito 1
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