Calculate the current ratio in each of the following separate cases(round the ratio to two decimals) Identify

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Calculate the current ratio in each of the following separate cases(round the ratio to two decimals) Identify the company case with the strongest liquidity position (these cases represent competing companies in the same industry) case 1 current assets 78,000 current liabilities 31,000 case 2 104,000 75,000 case 3 44,000 48,000 case 4 84,500 80,600 case 5 60,000 99,000
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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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