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QUESTION 2 Consider the following information: 2018 2019 Industry Average 2.3 Current Ratio 0.5 0.7 Quick Ratio 0.8 0.9 1.8 Company 1 Liquidity Ratios (3

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QUESTION 2 Consider the following information: 2018 2019 Industry Average 2.3 Current Ratio 0.5 0.7 Quick Ratio 0.8 0.9 1.8 Company 1 Liquidity Ratios (3 + 3 + 3 - 9 points) Explain clearly whether the current ratio and quick ratio trends from 2018 to 2019 are favorable or unfavorable. (1) Analyze the overall liquidity of this company in comparison to the industry averages. (iii) Give a recommendation for what this company can do to increase its liquidity. TTT Arial 3 (12pt) T

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