Calculate the Current Ratio in Each of the Following Separate

question 55

Essay

Calculate the current ratio in each of the following separate cases and identify the company case with the strongest liquidity position.
$$\begin{array} { | l | l | l | } \hline & \text { Current Assets } & \text { Current Liabilities } \\\hline \text { Case 1 } & \$ 55,000 & \$ 30,000 \\\hline \text { Case 2 } & \$ 141,500 & \$ 85,000 \\\hline \text { Case 3 } & \$ 45,000 & \$ 59,000 \\\hline & & \\\hline & & \\\hline\end{array}$$

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Definitions:

Trophic Category

The classification of organisms based on their feeding position in the ecosystem, ranging from producers to various levels of consumers.

Carnivore

An organism that primarily eats other animals or the flesh of animals as its main food source.

Salmon

A species of fish known for their anadromous life cycle, migrating from ocean habitats to freshwater to spawn.

Bear

A large mammal belonging to the family Ursidae, known for its thick fur and large body, with species spread across the northern hemisphere.