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Cash Short-term investments Receivables Inventory Prepaid expenses Total current assets Current liabilities. Quick ratio Case...

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Accounting

Cash Short-term investments Receivables Inventory Prepaid expenses Total current assets Current liabilities. Quick ratio Case X Case X $ 850 0 Case Y Case Y $1,100 Required: Calculate the quick ratio in each of the above cases and select the ca most easily. (Round your answers to 2 decimal places.) Case Z $ 1,460 580 1,030 4,880 1,090 $9,040 $ 2,700 $1,350 $4,280 0 1,270 2,500 1,160 1,900 770 $5,250 $ 4,300 Case Z Best Case

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