You are given the following information All dollar values are in thousands 1. Calculate each of the following ratios for all three companies: (1) current ratio (2) quick ratio (3) inventory turnover (4) accounts receivable turnover (5) total asset turnover (6) average age of inventory (7) average collection period 2. Which company is in the position of having greatest liquidity? 3. Would you say that the three companies exhibit similar performance or quite different performance in terms of collecting accounts receivables? Why? 4. Which company has the most rapid inventory turnover? Which company appears to be least efficient in terms of total asset turnover? If a company is best at inventory turnover and worst at total asset turnover, what do you think that means? You are given the following information All dollar values are in thousands 1. Calculate each of the following ratios for all three companies: (1) current ratio (2) quick ratio (3) inventory turnover (4) accounts receivable turnover (5) total asset turnover (6) average age of inventory (7) average collection period 2. Which company is in the position of having greatest liquidity? 3. Would you say that the three companies exhibit similar performance or quite different performance in terms of collecting accounts receivables? Why? 4. Which company has the most rapid inventory turnover? Which company appears to be least efficient in terms of total asset turnover? If a company is best at inventory turnover and worst at total asset turnover, what do you think that means