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 Assets Current Ratio Current Liabilities Edison MAXT $ 72.000 $ 27,273 95,760 65,711 Chatter 40,608 42,142 TRU 77,970 70.831 Gleeson 56.368 86,064 (b) Which competitor is in the best position to pay its short-term obligations?

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