Current and Acid-Test Ratio Assignment | Top Universities

Case X Case Case z $ 1,950 $ 150 $ 1,100 0 600 180 430 550 1,975 1,860 2,650 200 500 Cash Short-term investments Current receivables Inventory Prepaid expenses 0 Total current assets $ 4,305 $2,940 $5,800 Current liabilities $2,060 $ 1,240 $ 3,150 Compute the current ratio and acid-test ratio for each of the above separate cases. Current Ratio Choose Denominator: Choose Numerator: = …

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