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Calculate the current ratio for the following companies                        Current assets    Current liabilities  &

Calculate the current ratio for the following companies

                       Current assets    Current liabilities    Current Ratio

Edison             74,000                  31,224

MAXT              98,420                   75,231

CHATTER     41,736                   48,247

TRU               80,142                 81,092

GLESSON       56,906              99,219

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Answer #1

Current ratio = Current assets / Current liabilities

Current assets Current liabilities Current ratio
Edison                   74,000                          31,224 2.369971817
MAXT                   98,420                          75,231 1.308237296
CHATTER                   41,736                          48,247 0.865048604
TRU                   80,142                          81,092 0.988284911
GLESSON                   56,906                          99,219 0.573539342

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