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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 79.250 Peter Peter 121.000 3 7.000 48.000 87.000 101.750 1:11 Clark 68,000 b. Identify the company with the strongest liquidity position Bruce Peter Clark c. Identify the company with the weakest liquidity position. Bruce Peter Clark

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