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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

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 Peter 98,750 121,000 71,500 31,250 95,000 100,500 :1 Clark b. Identify the company with the strongest liquidity position. O Bruce O Peter Clark c. Identify the company with the weakest liquidity position. Bruce O Peter O Clark

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