The following information is available for Orkay Company and Lowes Company, similar firms operating in the same industry. Write a half-page report comparing Orkay and Lowes using the available information. Your discussion should include their ability to meet current obligations and to use current assets efficiently.

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Current ratio Acid-test ratio Accounts receivable turnover Merchandise inventory turnover Working capital 2010 1.6 0.9 29.5 23.2 Orkay 2009 1.7 1.0 24.2 20.9 2008 2.0 1.1 28.2 16.1 2010 3.1 2.7 15.4 13.5 Lowes 2009 2.6 2.4 14.2 12.0 2008 1.8 1.5 15.0 11.6 $60,000 $48,000 $42,000 $121,000 $93,000 $68,000