Question: es Exercise 4-15 (Algo) Computing and analyzing the current ratio LO A1 (a) Calculate the current ratio for each of the following competing companies.
es Exercise 4-15 (Algo) Computing and analyzing the current ratio LO A1 (a) Calculate the current ratio for each of the following competing companies. Note: Round your answers to 2 decimal places. Current Assets Current Current Liabilities Ratio Edison $ 77,000 $ 26,014 MAXT 102,410 62,677 Chatter 43,428 40.198 TRU 83,391 67.560 Gleeson 59,213 82,663 (b) Which competitor is in the best position to pay its short-term obligations? Edison O MAXT Chatter TRU O Gleeson
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