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21 8010441 Marquis and Bloom Company are similar firms that operate in the same industry....

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Accounting

21 8010441 Marquis and Bloom Company are similar firms that operate in the same industry. The following data on each company is below. Current Ratio Acid-test ratio Accounts Receivable Turnover Merchandise Marquis Company 2020 22 1.8 11.5 Required: 9.8 Bloom Company 2021 29 BI US 24 11.0 9.2 bh Short Answer Toolbar navigation 2022 2020 3.0 24 11 12.9 3.2 12.0 == 9.9 11.8 Inventory Turnover Working Capital $55,000 $72,000 $78,000 $69,000 $77,000 $89,000 2021 20 1.3 12.5 13.9 Compare the liquidity positions of both companies. Include a discussion on the relative ability of both companies to meet cur obligations and to use current assets efficiently. 2022 20 1.0 13.4
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Required: Compare the liquidity positions of both companies. Include a discussion on the relative ablity of both companies to meet co obligations and to use current assets efficiently. Required: Compare the liquidity positions of both companies. Include a discussion on the relative ablity of both companies to meet co obligations and to use current assets efficiently

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