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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 Clark 102,500 154,500 63,250 55,000 122,500 116,000 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 Peter O Clark
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