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Step 1 - Access the Internet. Search the Internet for the financial statements of three different firms. Step 2 - Answer the following questions: Use

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.

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