(10 points) The following information is available for Trico and its two main competitors in the industry (Duco and Unico): 1 Tnce Duco Unico $9.300 $10.500 $26.500 6.400 8.200 12.500 Cash Short-term investments Accounts receivable Aferchandise inventory Prepaid expense Accounts payable Salaries payable 12.500 8.500 4350 30.15040,00040.150 900 6.750 2.450 19,400 13,750 26.800 1.200 3.500 6.250 600 1,200 2.150 Other current payables The industry standard for the current ratio is 1.8 Required: 1. Calculate the current ratio for each firm. 2. Rank the firms in decreasing order of liquidity. 3. Comment on Trico's relative liquidity position MCO