Company Y (Z) has the following information: current assets $312,000 ($786,000); current liabilities $219,000 ($702,000); PPE $987,000 ($1,800,000); Stockholders equity $542,000 ($1,030,000). Company Y is in the tech industry where the average current ratio is 1.8. Company Z is in the banking industry where the average current ratio is 0.8. Compute each companys current ratio and comment on how theyre doing relative to the industry.

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