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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 $ 74,000 $ 36,098 MAXT 98,420 86,974 Chatter 41,736 55,778 TRU 80,142 93,750 Gleeson 56,906 114,707 Current Ratio (b) Which competitor is in the best position to pay its short-term obligations? Edison MAXT Chatter TRU

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