Question: Exercise 3-27 (Algo) Computing and analyzing the current ratio LO A1 (a) Calculate the current ratio for each of the following competing companies. (Round

Exercise 3-27 (Algo) Computing and analyzing the current ratio LO A1 (a) Calculate the current ratio for each of the following competing companies. (Round your answers to 2 decimal places.) Current Ratio Current Assets Current Liabilities Edison $ 84,000 $ 44,444 MAXT 111,720 107,085 Chatter 47,376 68,676 TRU 90,972 115,428 Gleeson 64,596 141,230 (b) Which competitor is in the best position to pay its short-term obligations? Edison O MAXT Chatter OTRU Gleeson

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