The following information is available for Orkay Company and Lowes Company, similar firms operating in the same industry. Write a half-page report comparing Orkay and Lowes using the available information. Your discussion should include their ability to meet current obligations and to use current assetsefficiently.

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Orkay Lowes 2010 2009 2008 2010 2009 2008 Current ratio Acid-test ratio Accounts receivable turnover Merchandise inventory turnover Working capital 0.9 29.5 23.2 1.7 1.0 24.2 20.9 2.0 1.1 28.2 16.1 3.1 2.7 15.4 13.5 2.6 2.4 14.2 12.0 1.8 1.5 15.0 11.6 $60,000 $48,000 $42,000 $121,000 $93,000 $68,000