For this question, use the following simplified balance sheets and income statements for three firms. Your Irm 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 Toventary $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 $900 Which firm has highest bargaining power against a debtor (e.g., Bank)? Remember that a debtor is most interested in understanding whether a borrower is capable of paying back loan principal and interests in cash on time. 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 Irm 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 Toventary $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 $900 Which firm has highest bargaining power against a debtor (e.g., Bank)? Remember that a debtor is most interested in understanding whether a borrower is capable of paying back loan principal and interests in cash on time. 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