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Calculate the current ratio for each business below. Which business has the best short term solvency position given your calculations? SHOW WORK Company Current Assets
Calculate the current ratio for each business below. Which business has the best short term solvency position given your calculations? SHOW WORK
| Company | Current Assets | Total Assets | Current Liabilities | Total Liabilities | Net Income | Current Ratio | ||
| Alpha | 74,524 | 168,672 | 60,100 | 150,600 | 94,958 | |||
| Beta | 207,536 | 290,290 | 152,600 | 203,000 | 207,536 | |||
| Gamma | 60,125 | 66,929 | 32,500 | 52,700 | 36,725 | |||
| Delta | 95,335 | 182,520 | 82,900 | 135,200 | 105,283 |
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
978-0133428537
