Identify the company case with strongest liquidity position

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Question: 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

Reference no: EM131528431

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