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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 Edison

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 $79,000 $41,146
MAXT 105,070 99,138
Chatter 44,556 63,579
TRU 85,557 106,861
Gleeson 60,751 130,749

2. Identify the company with the strongest liquidity position. (These companies are competitors in the same industry.)

  • Edison

  • MAXT

  • Chatter

  • TRU

  • Gleeson

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