For this question, use the following simplified balance sheets and income statements for three firms. Your Arm Competitor A Competitor B Balance Sheet (in Million) Non Current Assets $18,000 $12,000 $7,000 Current Assets $9,000 $6,000 $7,000 Account Receivable $4,500 $2,800 $2,000 Inventary $4,000 $1,200 $2,000 Other current assets Unknown Unknown Unknown Total Liability $7,500 $10,000 $5,000 Current Liabilities $5,000 $7,500 $2,500 Stockholders' Equity $19,500 $8,000 $9,000 Income Statement (in Million) Sales Operating Income Net Income $37,000 $6,500 $2,500 $24,000 $3,000 $1,500 $14,000 $1,500 Which firm has highest bargaining power against vendors (e.g., raw material vendors, part supplier)? Explain why you chose the ratio and show your work (3 points). It is not difficult to show your work using simple operations such as +, -/, * and symbols such as (), = . After showing your work, be sure to specify which firm(s) has the highest bargaining power. For this question, use the following simplified balance sheets and income statements for three firms. Your Arm Competitor A Competitor B Balance Sheet (in Million) Non Current Assets $18,000 $12,000 $7,000 Current Assets $9,000 $6,000 $7,000 Account Receivable $4,500 $2,800 $2,000 Inventary $4,000 $1,200 $2,000 Other current assets Unknown Unknown Unknown Total Liability $7,500 $10,000 $5,000 Current Liabilities $5,000 $7,500 $2,500 Stockholders' Equity $19,500 $8,000 $9,000 Income Statement (in Million) Sales Operating Income Net Income $37,000 $6,500 $2,500 $24,000 $3,000 $1,500 $14,000 $1,500 Which firm has highest bargaining power against vendors (e.g., raw material vendors, part supplier)? Explain why you chose the ratio and show your work (3 points). It is not difficult to show your work using simple operations such as +, -/, * and symbols such as (), = . After showing your work, be sure to specify which firm(s) has the highest bargaining power