Calculate the Current Ratio in Each of the Following Cases

Essay

Calculate the current ratio in each of the following cases.
$$\begin{array} { | l | r | r | } \hline & \text { Current Assets } & \text { Current Libilities } \\\hline \text { Case 1 } & \$ 60,000 & \$ 30,000 \\\hline \text { Case 2 } & \$ 150,000 & \$ 85,000 \\\hline \text { Case 3 } & \$ 57,000 & \$ 53,000 \\\hline \text { Case 4 } & \$ 130,000 & \$ 127,000 \\\hline \text { Case 5 } & \$ 70,000 & \$ 110,000 \\\hline\end{array}$$