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Use the following table: Case X Case...

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Accounting

Use the following table:
Case X Case Y Case Z
Cash $ 900 $ 1,310 $ 1,700
Short-term investments 00700
Receivables 01,4901,200
Inventory 3,0001,4005,800
Prepaid expenses 2,2009001,300
Total current assets $ 6,100 $ 5,100 $ 10,700
Current liabilities $ 3,200 $ 1,600 $ 5,150
Required:
Calculate the quick ratio in each of the above cases and select the case which is in the best position to meet short-term obligations most easily. (Round your answers to 2 decimal places.) quick ratio case x case y caseb z best case

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