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1. Calculate the current ratio for each of the following companies. (Round your answers to 2 decimal places.) Current Ratio $ Edison | Chatter TRU

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1. Calculate the current ratio for each of the following companies. (Round your answers to 2 decimal places.) Current Ratio $ Edison | Chatter TRU Gleeson Current Current Assets Liabilities 79,040 $ 32,000 104,880 76,000 45,080 49,000 85,680 81,600 61,000 100,000 2. Identify the company with the strongest liquidity position. (These companies are competitors in the same industry.) Edison O MAXT O Chatter O TRU O Gleeson

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