The following companies are competing in the same industry where the industry norn form for the current ratio is 1.6. a. Complete the schedule.

Saved The following companies are competing in the same industry where the industry norm for the current ratio is 1.6. a. Complete the schedule. (Round the final answers to 2 decimal places.) Current Assets Current Liabilities Current Ratio Comparison to Industry Norm (Favourable or Unfavourable) Bruce :1 Peter 102,250 130,000 65,250 40,000 100,000 115,750 :1 Clark 11 b. Identify the company with the strongest liquidity position. O Bruce O Peter O Clark c. Identify the company with the weakest liquidity position. O Bruce O Peter O Clark