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:
Performance Standards
Established benchmarks used to measure the quality, efficiency, or effectiveness of an individual's or organization's work.
Employment Discrimination
Unfair treatment of employees or job applicants based on race, gender, age, religion, nationality, disability, or sexual orientation rather than their qualifications or performance.
Job-Relevant
Pertains to aspects or factors that are directly applicable or significant to one's occupation or position.
Industrial Relations
The study and management of employment relationships, including interactions among employers, employees, and the institutions and laws that govern work environments.
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