Respuesta :
The current ratio of PDQ corporation will be 1, it means that the current asset is exactly equal to current liability.
total assets= 593,000,000
total liabilities= 593,000,000
current ratio = 593,000,000/593,000,000
= 1
A company's current ratio measures its ability to pay current or short-term liabilities with current or short-term assets. It is also referred to as the 'working capital ratio.' Only current assets are considered for the current ratio calculation among the various assets available. Current assets are the company's possessions that can be easily converted to cash within a year. Current liabilities are short-term liabilities that must be paid within a year.
It explains to investors how a company uses its balance-sheet assets to pay down debt and other obligations. The current ratio of a company is calculated by comparing its current assets to its ongoing liabilities.
Learn more about current ratio here:
https://brainly.com/question/1114476
#SPJ4
