This Website Has Been Moved to a New Link


Loading

E4-7 Calculate the current ratio in each of the following separate cases

Price: $2.99


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.)

Current Assets Current Liabilities

Case 1 . . . . . . . . $ 78,000 $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

No comments:

Post a Comment