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Business, 09.08.2021 22:00 cindyroxana229

Cash $ 2,050 $ 170 $ 1,100 Short-term investments 0 0 500 Current receivables 200 450 650 Inventory 2,025 1,900 2,750 Prepaid expenses 200 600 900 Total current assets $ 4,475 $ 3,120 $ 5,900 Current liabilities $ 2,100 $ 1,260 $ 3,250 a. Compute the acid-test ratio for each of the separate cases above. b. Which company is in the best position to meet short-term obligations?

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Cash $ 2,050 $ 170 $ 1,100 Short-term investments 0 0 500 Current receivables 200 450 650 Inventory...
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