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

(a) Calculate the current ratio for each of the following competing companies. (Round your answers to 2 decimal places.) Current Assets Current Liabilities Edison MAXT $ 79,040 $ 32,000 104,880 76,000 Chatter 45,080 49,000 TRU 85,680 81,600 Gleeson 61,000 100,000 Current Ratio (b) Which competitor is in the best position to pay its short-term obligations? Edison MAXT Chatter TRU Cloacon

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