The cash ratios of four companies are listed below. $$\begin{array} { | l | c | }
\hline \text { Company } & \text { Cash Ratio } \
\hline \text { Tuan Company } & 0.22 \
\hline \text { Rose Company } & 0.10 \
\hline \text { Freelance Company } & 0.16 \
\hline \text { Pioneer Company } & 0.28 \
\hline
\end{array}$$ Which company has the highest ability to repay its current liabilities?

Question

The cash ratios of four companies are listed below. $$\begin{array} { | l | c | } 
\hline \text { Company } & \text { Cash Ratio } \
\hline \text { Tuan Company } & 0.22 \
\hline \text { Rose Company } & 0.10 \
\hline \text { Freelance Company } & 0.16 \
\hline \text { Pioneer Company } & 0.28 \
\hline
\end{array}$$ Which company has the highest ability to repay its current liabilities?

Quizplus · Accepted Answer

Pioneer Company has the highest cash ratio at 0.28, indicating the highest ability to repay its current liabilities compared to the other companies listed.

The Cash Ratios of Four Companies Are Listed Below Which Company Has the Highest Ability to Repay Its Current