The financial statements for Armstrong and Blair companies for the current year are summarized below: Selected data from the financial statements for the previous year follows: The companies are in the same line of business and are direct compettors in a large metropolitan area. Both have been in business approximately ten years, and each has had steady growth. The management of each has a different viewpoint in many respects, Blait Company is more conservative, and as its president said, "We avoid what we consider to be undue risk." Neither company is pubilicly held, Armstrong Company has an annual audit by an independent auditor, but Blair Company does not. Required: 1. Complete a schedule that reflects a ratio analysis of each company. Use ending holances if overnge balances ore nor avoilable. (Round intermediate calculotions and final answers to 2 decimal places.) HINT: To calculate Current Ratio you will need to first calculate the total Current Assets