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34. With the following amounts, calculate the company's current ratio, rounding to two decimal places. Compare the ratios in each situat ion to determine which
34. With the following amounts, calculate the company's current ratio, rounding to two decimal places. Compare the ratios in each situat ion to determine which has the strongest position .
a. Current assets of $17,500 and current liabilities of $13,050
b. Total assets of $22,780, fixed assets of $5,760 , and current liabilities of $16,900
c. Total liabilities of $17,900, current assets of $10,980, and long-term debt of $10,200
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