Question: Financial Analysis Project Requirements: Use the provided Financial Data ( Excel file ) for The AAA Company and The BBB Company to complete the following

Financial Analysis Project Requirements: Use the provided Financial Data (Excel file) for The AAA Company and The BBB Company to complete the following analysis: 1. Calculate the current ratio and quick ratio for both companies for 2023 and 2024. a. Write a paragraph describing what these ratios indicate about the liquidity of each company in 2024 compared to 2023. b. What do these ratios indicate about the liquidity of the AAA Company compared to the BBB Company for both years? c. Which company seems to be more liquid? What are the advantages and disadvantages of liquidity? 2. Calculate the accounts receivable turnover and the average collection period for both companies for 2023 and 2024. a. Write a paragraph comparing 2024 with 2023 for the AAA Company with the BBB Company using these two ratios to indicate the effectiveness of their accounts receivable collections. b. Which of the two companies seem to be doing a better job with receivables? c. How does this collection process affect the overall success of the company? 3. Calculate the inventory turnover and the average sales period for both companies for 2023 and 2024. a. Write a paragraph comparing 2024 with 2023 and the AAA Company with the BBB Company using these two ratios to indicate how they manage their inve

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