Question: Examine the following information about companies A, B, and C and prepare a report explaining the liquidity position of each. Which company do you think

Examine the following information about companies A, B, and C and prepare a report explaining the liquidity position of each. Which company do you think has the strongest liquidity position? Which has the poorest? Use the quick and current ratios in youranalysis.

Company A S 45,000 310,000 225,000 25,000 $605,000 $100,000 180,000 250,000 S530,000 Company B $150,000 250,000 180,000 25,000 S605,000 $100,000 180,000 250,000 S530,000 Company C $100,000 180,000 300,000 25,000 $605,000 $100,000 180,000 250,000 $530,000 Cash Accounts receivable Inventory Prepaids Bank loan Accounts payable Current portion of long-term debt

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Company A Company B Company C Current Ratio 114 114 114 Quick Ratio 067 075 053 Ranking in order ... View full answer

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