3 Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Case X Case...
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3 Cash Short-term investments Current receivables Inventory Prepaid expenses Total current assets Case X Case y Case z $2,100 $ 180 $1,100 0 0 700 210 460 700 2,050 1,920 2,800 300 600 900 $4,660 $3,160 $6,200 $2,120 $1,270 $3,300 oints Current liabilities 02:54:25 Compute the current ratio and acid-test ratio for each of the following separate cases. Current Ratio Choose Denominator: Choose Numerator: Current Ratio / Current ratio Case X to 1 Case Y 1 1 1 I! to 1 H Case z to 1 Acid-Test Ratio Choose Denominator: Choose Numerator: 11 Acid-Test Ratio Acid-test ratio 11 11 to 1 Case X Case Y Case z to 1 / = to 1
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