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Could you please help me with this question? Calculate the current ratio in each of the following cases and indicate whether it is Favourable (F)

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Could you please help me with this question?

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Calculate the current ratio in each of the following cases and indicate whether it is Favourable (F) or Unfavourable (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 Case 2 Case 3 Case 4 Current Assets $73, 200 $97, 600 $39, 200 $78, 100 Current Liabilities 30, 200 74, 200 47, 200 79, 800 Current Current Current Assets Liabilities Ratio F/U Case 1 $ 73,200 $ 30,200 Case 2 97,600 74,200 11 Case 3 39,200 47,200 Case 4 78, 100 79,800

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