Marquis and Bloom Company are similar firms that operate in the same industry. The following data on each company is below: Current Ratio Acid-test ratio Accounts Receivable Turnover Merchandise Marquis Company 2020 22 1.8 11.5 9.8 Bloom Company 2021 2.9 24 11.0 M W 9.2 2022 2020 2021 2022 3.0 24 2.0 2.0 3.2 1.1 1.3 1.0 12.0 12.9 125 13.4 Short Answer Toolbar navigation 9.9 11.8 Inventory Turnover Working Capital $55,000 $72,000 $78,000 $69,000 $77,000 $89,000 Oper 13.9 Required: Compare the liquidity positions of both companies. Include a discussion on the relative ability of both companies to meet current obligations and to use current assets efficiently. 14.1