Calculate the Current Ratio in Each of the Following Separate

question 157

Short Answer

Calculate the current ratio in each of the following separate cases.
$$\begin{array} { | l | r | r | } \hline & \text { Current Assets } & \text { Current Liabilities } \\\hline \text { Case 1 } & \$ 75,000 & \$ 30,000 \\\hline \text { Case 2 } & \$ 161,500 & \$ 85,000 \\\hline \text { Case 3 } & \$ 45,000 & \$ 53,000 \\\hline \text { Case 4 } & \$ 132,000 & \$ 127,000 \\\hline \text { Case 5 } & \$ 99,000 & \$ 110,000 \\\hline\end{array}$$