For this question, use the formula sheet where there are simplified balance sheets and income statements for three firms. You Are Competitor A Competitor B Balance Sheet ( Million Noe Current Assets $18,000 $12,000 $7,000 Current Aset $9.000 $6,000 57,000 Account Receivable S4,500 $2,800 $2,000 Teventory $4,000 $1,200 $2,000 Other outrasnet Uoknows Unknown Unknown Total Listiky $7,500 $10,000 $5,000 Current Libilities 85.000 $7.500 $2.500 Stockholden Beit $19,500 $8,000 $9,000 Income Statement (o Me Bales Operating Income Net Income $37.000 $6,500 $2,500 $24,000 $3,000 $1.500 $14,000 $1,500 $200 Which firm has highest bargaining power against non-capital suppliers (e.g. raw material vendors, component part supplier)? Financial Ratios Liquidity Ratio Current Ratio - Current Asset / Current Liability Quick Ratio - (Current Asset - Inventory) / Current Liability Leverage Ratio Debt-to-asset - Total Liability / Total Asset Debt-to-equity - Total Liability / Shareholders' Equity Activity Ratio Inventory Turnover - Sales / Inventory AR Turnover Sales / Account Receivable @a, Your firm O b. Competitor B O Competitor A