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

1. Compute the current ratio for each of the following companies. (Round your answers to 2 decimal places.)

Current Assets Current Liabilities Current Ratio
Twix $84,000 $30,000
Wonka 111,720 72,283
Payday 47,376 46,356
KitKat 90,972 77,914
Heath 64,596 95,331

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

Twix

Wonka

Payday

KitKat

Heath

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