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Analyze and compare Abercrembie b Fitch and The Gap Abercrombie 8. Fitch Co, (ANF) and The Gap, Inc. (GPS) are two U.S. apparel retelers. The

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Analyze and compare Abercrembie b Fitch and The Gap Abercrombie 8. Fitch Co, (ANF) and The Gap, Inc. (GPS) are two U.S. apparel retelers. The current assets and curtent liabiilies for each osmpany from recent balance sheets are as follows (in thousands): Required: a. Compute the working capillal for each company. Abercrombie: 1 theukand The Gap: 4 thouswn b. Compute the current ratio for each coenpany. Pound your answers to one decimal place. Aoercrembie: The Gap: c. Compute the quick ratio for each company. Round your answers to one decimal place. Abercrombie: a. Compute the working capital for each company. Abercrombie: $ thousand The Gap: $ thousand b. Compute the current ratio for each company. Round your answers to one decimal place. Abercrombie: The Gap: c. Compute the quick ratio for each company. Round your answers to one decimal place. Abercrombie: The Gap: d. Which company appears to have the greater short-term liquidity? Why

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