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3 (a) Calculate the current ratio for each of the following competing companies. (Round your answers to 2 decimal places.) 0.33 Current Assets Current Liabilities

3 (a) Calculate the current ratio for each of the following competing companies. (Round your answers to 2 decimal places.) 0.33 Current Assets Current Liabilities Current Ratio points Edison MAXT $ 79,000 $ 30,153 105,070 72,650 Chatter 44,556 46,592 eBook TRU 85,557 78,310 Gleeson 60,751 95,816 Hint Print References (b) Which competitor is in the best position to pay its short-term obligations? Edison MAXT Chatter TRU O Gleeson

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