Calculate the current ratio in each of the following separate cases and identify the company case with the strongest liquidity position.
$$\begin{array} { | l | l | l | }
\hline & \text { Current Assets } & \text { Current Liabilities } \
\hline \text { Case 1 } & \$ 55,000 & \$ 30,000 \
\hline \text { Case 2 } & \$ 141,500 & \$ 85,000 \
\hline \text { Case 3 } & \$ 45,000 & \$ 59,000 \
\hline & & \
\hline & & \
\hline
\end{array}$$

Question

Calculate the current ratio in each of the following separate cases and identify the company case with the strongest liquidity position.
 $$\begin{array} { | l | l | l | } 
\hline & \text { Current Assets } & \text { Current Liabilities } \
\hline \text { Case 1 } & \$ 55,000 & \$ 30,000 \
\hline \text { Case 2 } & \$ 141,500 & \$ 85,000 \
\hline \text { Case 3 } & \$ 45,000 & \$ 59,000 \
\hline & & \
\hline & & \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Calculate the current ratio in each of the following separate cases and identify the company case with the strongest liquidity position.
 $$\begin{array} { | l | l | l | } 
\hline & \text { Current Assets } & \text { Current Liabilities } \
\hline \text { Case 1 } & \$ 55,000 & \$ 30,000 \
\hline \text { Case 2 } & \$ 141,500 & \$ 85,000 \
\hline \text { Case 3 } & \$ 45,000 & \$ 59,000 \
\hline & & \
\hline & & \
\hline
\end{array}$$

Calculate the Current Ratio in Each of the Following Separate