Interpreting liquidity and activiry ratios The table, shows key financial dota for throe frms that compete in the consunive products market Procint 8 Cambhis. Colgate-Palmolvo, and Clorox. a. Calculate each of the following ratios for all three coenpanies cument ratio, quick fratio, inventary furnaver, averaga colloction period, tataliansei tummever b. What company is in the position of having greatest fiquidif? c. Would you smy that the three companies exthibit simillar performance er quile different performance in tarme of colleding recotrables? Why da you tiank thel mighit be? surptising? If a company is best at irwentory tuinever and woist at lotal ascent turnover, what do you think that mears? 2. For the three companies, the current ratios are (Riound to the ee decimal places)