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Here are a series of liquidity ratios for two companies in the same industry, as well as the industry averages. REQUIRED: Explain which company

Here are a series of liquidity ratios for two companies in the same industry, as well as the industry averages. REQUIRED: Explain which company is more liquid, providing reasons for your position. Liquidity Ratios Ratio Soda Popz Cola King Industry Inventory turnover 12.1 TIMES 12.38 10.5 TIMES TIMES Current ratio 2:1 3:1 1.8:1 Accounts Receivable turnover 10.16 times 5.6 times 9.1 times

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