Camaro GTO Torino Cash $ 2,800 $ 310 $ 1,500 Short-term investments 0 0 600...

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Accounting

Camaro GTO Torino Cash $ 2,800 $ 310 $ 1,500 Short-term investments 0 0 600 Current receivables 340 590 450 Inventory 2,375 2,180 3,450 Prepaid expenses 400 700 900 Total current assets $ 5,915 $ 3,780 $ 6,900 Current liabilities $ 2,380 $ 1,400 $ 3,950 Compute the acid-test ratio for each of the separate cases above. Which company is in the best position to meet short-term obligations

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