(6) Higa Company and Juma Company are similar that operate in the same industry. The following information is available in respect to the two companies. Higa Co. 2015 1.7 1.0 2014 2.0 1.1 2016 3.1 Juma Co. 2015 2.6 2.4 2014 2.7 1.8 1.5 2016 Current ratio 1.6 Acid test ratio 0.9 Accounts Receivable Turnover 29.5 Inventory turnover 23.2 Working capital (Sh000) 60,000 24.2 20.9 48,000 28.2 15.4 14.2 15.0 16.1 13.5 12.0 11.6 42,000 121,000 93,000 68,000 Required: Using the above information write a detailed report comparing the two companies Your report should focus on their ability to meet current obligations and use of current assets efficiently. (11 Marks)