The following information pertains to Z-Mart, its competitors, and the industry standards. 
The industry standard for the current ratio is 1.8 to 1Calculate the current ratio and quick ratio for each firmRank the firms in decreasing order of liquidity.(3)Comment on Z-Mart's relative position.
Definitions:
Last Month
A reference to the calendar month immediately preceding the current one.
Times A Day
A frequency measure indicating the number of times an event occurs within a single day.
Inferential Statistics
A branch of statistics that uses a random sample of data taken from a population to describe and make inferences about that population.
Descriptive Statistics
Statistical methods that summarize and describe the features of a data set, including measures of central tendency and variability.
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