Step 1 - Access the Internet.

Search the Internet for the financial statements of three different firms.

Step 2 - Answer the following questions:

• Use a spreadsheet file to calculate and report the following information:
• What is the current ratio of each firm?
• What is the quick ratio of each firm?
• In 100-to 200-words, provide a brief explanation of how these ratios might be used internally and externally. Include an assessment of each firm's liquidity and how they compare/contrast.