Calculate the Current Ratio in Each of the Following Separate

Essay

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