QS 17-14 Analyzing short-term financial condition A10 Morgan Company and Parker Company are similar firms operating in the same industry. Write a half-page report comparing Morgan and Parker using the available information. Your discussion should include their ability to meet current obligations and to use current assets efficiently. Morgan Parker Current Yr 1 Yr Ago 2 Yrs Ago Current Yr 1 Yr Ago 2 Yrs Ago Current ratio 1.7 1.6 2.1 3.2 2.7 1.9 Acid-test ratio 1.0 1.1 1.2 2.8 2.5 1.6 Accounts receivable turnover 30.5 25.2 29.2 16.4 15.2 16.0 Merchandise inventory turnoyer 24.2 21.9 17.1 14.5 13.0 12.6 Working capital $70,000 $58,000 $52,000 $131,000 $103,000 $78,000 Team Project Authe two comply for anyon both team is on the core must provide the team can make a loan decon