"Camaro GTO Torino Cash $ 2,300 $ 210 $1,20e Short-term investments 500 Current receivables 240 490 400 2,125 1,980 Inventory Prepaid expenses 2,950 300 600 900 $ 4,965 $ 5,950 $ 2,180 $1,300 $3,450 Total current assets $ 3,280 Current liabilities 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? 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 Acid-Test Choose Numerator: Choose Denominator: Ratio Quick assets Current liabilities Acid-test ratio Camaro GTO Torino 2,840 8/ 1,300 8I 3,000 8I 2,180 1.30 to 1 = 1,300 1.00 to 1 3.450 0.87 to 1 %3D %24 %24 %24 %24" "Camaro GTO Torino Cash $ 2,300 $ 210 $1,20e Short-term investments 500 Current receivables 240 490 400 2,125 1,980 Inventory Prepaid expenses 2,950 300 600 900 $ 4,965 $ 5,950 $ 2,180 $1,300 $3,450 Total current assets $ 3,280 Current liabilities 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? 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 Acid-Test Choose Numerator: Choose Denominator: Ratio Quick assets Current liabilities Acid-test ratio Camaro GTO Torino 2,840 8/ 1,300 8I 3,000 8I 2,180 1.30 to 1 = 1,300 1.00 to 1 3.450 0.87 to 1 %3D %24 %24 %24 %24"

Camaro GTO Torino Cash $ 2,300 $ 210 $1,20e Short-term investments 500 Current receivables 240 490 400 2,125 1,980 Inventory Prepaid expenses 2,950 300 600 900 $ 4,965 $ 5,950 $ 2,180 $1,300 $3,450 Total current assets $ 3,280 Current liabilities 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? 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 Acid-Test Choose Numerator: Choose Denominator: Ratio Quick assets Current liabilities Acid-test ratio Camaro GTO Torino 2,840 8/ 1,300 8I 3,000 8I 2,180 1.30 to 1 = 1,300 1.00 to 1 3.450 0.87 to 1 %3D %24 %24 %24 %24

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“Camaro GTO Torino Cash $ 2,300 $ 210 $1,20e Short-term investments 500 Current receivables 240 490 400 2,125 1,980 Inventory Prepaid expenses 2,950 300 600 900 $ 4,965 $ 5,950 $ 2,180 $1,300 $3,450 Total current assets $ 3,280 Current liabilities 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? 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 Acid-Test Choose Numerator: Choose Denominator: Ratio Quick assets Current liabilities Acid-test ratio Camaro GTO Torino 2,840 8/ 1,300 8I 3,000 8I 2,180 1.30 to 1 = 1,300 1.00 to 1 3.450 0.87 to 1 %3D %24 %24 %24 %24” “Camaro GTO Torino Cash $ 2,300 $ 210 $1,20e Short-term investments 500 Current receivables 240 490 400 2,125 1,980 Inventory Prepaid expenses 2,950 300 600 900 $ 4,965 $ 5,950 $ 2,180 $1,300 $3,450 Total current assets $ 3,280 Current liabilities 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? 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 Acid-Test Choose Numerator: Choose Denominator: Ratio Quick assets Current liabilities Acid-test ratio Camaro GTO Torino 2,840 8/ 1,300 8I 3,000 8I 2,180 1.30 to 1 = 1,300 1.00 to 1 3.450 0.87 to 1 %3D %24 %24 %24 %24”

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“ “Camaro GTO Torino Cash $ 2,300 $ 210 $1,20e Short-term investments 500 Current receivables 240 490 400 2,125 1,980 Inventory Prepaid expenses 2,950 300 600 900 $ 4,965 $ 5,950 $ 2,180 $1,300 $3,450 Total current assets $ 3,280 Current liabilities 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? 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 Acid-Test Choose Numerator: Choose Denominator: Ratio Quick assets Current liabilities Acid-test ratio Camaro GTO Torino 2,840 8/ 1,300 8I 3,000 8I 2,180 1.30 to 1 = 1,300 1.00 to 1 3.450 0.87 to 1 %3D %24 %24 %24 %24” “Camaro GTO Torino Cash $ 2,300 $ 210 $1,20e Short-term investments 500 Current receivables 240 490 400 2,125 1,980 Inventory Prepaid expenses 2,950 300 600 900 $ 4,965 $ 5,950 $ 2,180 $1,300 $3,450 Total current assets $ 3,280 Current liabilities 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? 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 Acid-Test Choose Numerator: Choose Denominator: Ratio Quick assets Current liabilities Acid-test ratio Camaro GTO Torino 2,840 8/ 1,300 8I 3,000 8I 2,180 1.30 to 1 = 1,300 1.00 to 1 3.450 0.87 to 1 %3D %24 %24 %24 %24” ”

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