Interpreting liquidity and activity ratioe The table. Shop kayfrandal data for three firms that compete in the consumer products market Procter & Game Colgate-Palmolive, and Clorom a. Caluinte canh nt the following raios for altres companies: current rain, quick to Inventory tumower, average collection period, total asset tumower. b. What company is in the position of having greatest liquidity? c. Woud you say that the three comperie alibi similar performance or quite different performance in terms of colecling receivables? Why do you think that mit be? d. Which company has the most rapiu inventory turrower? Which company appears to be less ellicient in terms of total sel burnuver? Are your answers to use questions a little surprising? If a curpury is best at invertory turnover and wurst albulalasel turnover, what do you think that means? a. For the three companies, the cuentratos are: Round to three desirral places. Procter and Gamble Colgate-Palmolive Clorox Current ratio i Data Table Sales Coat of goods and Recava la Inventory Tolul urren els Total current abilities Total asscts Procter & Gamble $68,220 32,9 4735 4.784 25.577 28.398 117,030 Colgate-Pamalva $15,202 6081 1.457 1.182 4332 3.302 12,125 Clorox $5,267 32,222 509 495 1,556 2,038 INuleAl collar values are in lunch.) Done