# Short-Term Liquidity Ratios} Three ratios calculated for Puckerman, Cohen, and Chang Companies for 2017 and 2018 follow.

## Question:

Short-Term Liquidity Ratios}

Three ratios calculated for Puckerman, Cohen, and Chang Companies for 2017 and 2018 follow.

\section*{Required:}

Explain which company appears to be the most liquid.

\section*{Cornerstone Exercise

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**Related Book For**

## Cornerstones Of Financial Accounting

**ISBN:** 9780176707125

2nd Canadian Edition

**Authors:** Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone