these 2 questions i dont understand

47. The folloindomaren to Perey's Records and soon in the more Current Ratio Quick ratio Percy's Records Jewel CDs Rudy's Raps Marvin's Jazz Industry Average! 2.0 1.51 1.81 1.91 2.0 0.951 1.00 1.20 0,80 1.00 Required: Comment on the relative liquidity positions of these companies. 48. The following information is for Barrel and its competitor Crate. Net sales Barrel Crate Year 1 Year 2 Year 1 Year 2 5347,850 $365,418 5579,750 $664,395 Cost of sales 121,747 146,167318,862 312,265 Required: 1. Calculate the dollar amount of gross margin and the gross margin ratio to the nearest percent, for each company for both years. 2. Which company had the more favorable ratio for each year? 3. Which company had the more favorable change in the gross margin ratio over this 2-year period