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Write a half-page report comparing Orkay and Lowes using the available infor- mation. Your discussion should include their ability to meet current obligations and to
Write a half-page report comparing Orkay and Lowes using the available infor- mation. Your discussion should include their ability to meet current obligations and to use current assets efficiently.( how do i even start?)
| Current ratio | 1.6 | 1.7 | 2.0 | 3.1 | 2.6 | 1.8 |
| Acid-test ratio | 0.9 | 1.0 | 1.1 | 2.7 | 2.4 | 1.5 |
| Accounts receivable turnover | 29.5 | 24.2 | 28.2 | 15.4 | 14.2 | 15.0 |
| Merchandise Inventor turnover | 23.2 | 20.9 | 16.1 | 13.5 | 12.0 | 11.6 |
| Working capital | $60,000 | $48,000 | $42,000 | $121,000 | $93,000 | $68,000 |
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