QUESTION $2(10$ MARKS$)$

Below is data of current assets and current liabilities for Company A and Company B extracted

from Statement of Financial Position for the year ended $31$ December $2022.$

Instructions:

a$)$ Calculate current ratio for both companies.

b$)$ Please make comparative analysis the quality of liquidity between Company A and B$.$

$($Show your appropriate financial analysis to support your answers$)$