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Pritchett's Closets & Blinds Inc. (PCB Inc.) and Closets, Closets, Closets, Closets Inc. (ACs Inc.) are fierce competitors and have both applied for credit with
Pritchett's Closets & Blinds Inc. ("PCB Inc.") and Closets, Closets, Closets, Closets Inc. ("ACs Inc.") are fierce competitors
and have both applied for credit with your company. You are a supplier of specialized hinges for closets and need to
determine which company you are going to extend credit to. You calculate PCB's working capital as $60,000 and their
current ratio as 2.5:1. You calculate 4Cs* working capital as $90,000 and their current ratio as 2.3:1. Which company wil
you prefer to extend credit to?
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