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Company Z have the Financial Ratios as below: Current Ratio=1.6 Quick Ratio=1.4 Average Industry Financial Ratios are given as below: Current Ratio=1.5 Quick Ratio=0.9 Required:

Company Z have the Financial Ratios as below:

Current Ratio=1.6

Quick Ratio=1.4

Average Industry Financial Ratios are given as below:

Current Ratio=1.5

Quick Ratio=0.9

Required:

Compare the Company Z's financial ratios with the average industry financial ratios and analysis Company Z's performance.

Please explain in detail, Thank you!

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