The following information pertains to Yogita, her competition, and the industry standards. Yogita Nhat Aurora Cash $9,350 $10,490 $27,000 Accounts receivable 12,140 8,750 14,650 Merchandise inventory 29.480 41,230 39,820 1,500 6,590 3,900 Prepaid insurance $17.800 $14,720 $27,490 Accounts payable 1.000 2,980 8,750 Salary payable 550 1,010 3,240 Other payable The industry standard for the current ratio is 1.8 to 1, and for the acid-test ratio, 1 to 1. Instructions: (1) Calculate the current ratio and quick ratio for each firm. (2) Rank the firms in decreasing order of liquidity. (3) Comment on Yogita's relative position. NOTF: Be sure to answer all 3 requirements in this