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The following companies are competing in the same industry where the industry norm for the current ratio is 16. a. Complete the schedule. (Round the

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The following companies are competing in the same industry where the industry norm for the current ratio is 16. 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 91.750 159.500 83,250 Peter Clark 34 500 107,500 108.750 1 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 Peter Clark

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