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2 a. Three-J Bhd and its competitor, Ajino Bhd are primarily engaged in manufacturing and trading food products, listed in Main Market Bursa Malaysia. Below
2 a. Three-J Bhd and its competitor, Ajino Bhd are primarily engaged in manufacturing and trading food products, listed in Main Market Bursa Malaysia. Below is the information extracted from Refinitiv Eikon on the liquidity position of both companies: Three-J Bhd Ajino Bhd 2021 2020 2021 2020 Current ratio 5.13 4.81 3.26 5.49 Acid-test ratio 3.90 3.12 2.71 4.74 Hak Cipta Universiti Teknologi MARA CONFIDENTIAL CONFIDENTIAL Required: AC/JUL 2022/FAR670 Discuss briefly which company a risk-taker investor would like to invest in by comparing the liquidity position of both companies
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