Hello maam/sir tutor, can anyone help me with this? Especially on interpreting the results. Thank u so much and looking forward for ur help.

R. Kudemus Co. and R. Baligala Co. were competitors and both engaged in buying and selling of almost the same products. Their Balance Sheet after a year of operation were hereunder presented: Current Assets: R. Kudemus Co. R. Baligala Co. Cash in Bank P 105,000 P 100,000 Accounts Receivable 80,000 60,000 Merchandise Inventory 120,000 70,000 Prepaid Expenses 15,000 4,000 Current Liabilities: Accounts Payable 35,000 30,000 Accrued Expense 15,000 Notes Payable (Current) 10,000 Both companies were bank loan applicants. Required: (Show your solution) 1. Determine the working capital of each company. 2. Which of the two companies has a better position of paying their financial obligation when it matures? Compute and interpret their respective banker's ratio (current ratio). 3. Which of the two companies was more liquid in terms of paying debts right away. Compute and interpret their respective "acid-test ratio"