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1. Calculate the current ratio for each of the following companies. (Round your answers to 2 decimal places.) Current Assets Current Liabilities Current Ratio

1. Calculate the current ratio for each of the following companies. (Round your answers to 2 decimal places.) Current Assets Current Liabilities Current Ratio Edison MAXT $ 74,000 $ 25,000 98,420 60.236 Chatter 41,736 38,630 TRU 80,142 64.928 Gleeson 56,906 79,442 2. Identify the company with the strongest liquidity position. (These companies are competitors in the same industry.) O Edison MAXT O Chatter TRU O Gleeson

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