Calculate the current ratio for each of the following companies and identify the company with the strongest liquidity position.
$$\begin{array} { | l | l | l | }
\hline & \text { Current Astets } & \text { Current Liabilities } \
\hline \text { Company A } & \$ 1,752,000 & \$ 1,267,000 \
\hline \text { Company I } & \$ 863,500 & \$ 481,000 \
\hline \text { Company T } & \$ 366,800 & \$ 419,000 \
\hline
\end{array}$$

Question

Calculate the current ratio for each of the following companies and identify the company with the strongest liquidity position.
 $$\begin{array} { | l | l | l | } 
\hline & \text { Current Astets } & \text { Current Liabilities } \
\hline \text { Company A } & \$ 1,752,000 & \$ 1,267,000 \
\hline \text { Company I } & \$ 863,500 & \$ 481,000 \
\hline \text { Company T } & \$ 366,800 & \$ 419,000 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Calculate the current ratio for each of the following companies and identify the company with the strongest liquidity position.
 $$\begin{array} { | l | l | l | } 
\hline & \text { Current Astets } & \text { Current Liabilities } \
\hline \text { Company A } & \$ 1,752,000 & \$ 1,267,000 \
\hline \text { Company I } & \$ 863,500 & \$ 481,000 \
\hline \text { Company T } & \$ 366,800 & \$ 419,000 \
\hline
\end{array}$$

Calculate the Current Ratio for Each of the Following Companies