Calculate the current ratio in each of the following cases and indicate whether it isFavourable(F) orUnfavourable(U) (assuming that the current ratio for the industry is an average of 1.1):(Round the final answers to 2 decimal places.)

Case 1: Current Assets $72,000 (add,divided,multpliy or minus) Current Liabilities 30,000

Case 2 :Current Assets $96,000 (add,divided,multpliy or minus) Current Liabilities 74,000

Case 3:Current Assets $38,000 (add,divided,multpliy or minus) Current Liabilities47,000

Case 4:Current Assets $76,500(add,divided,multpliy or minus) Current Liabilities 79,600