Question: Data taken from the financial statements of FleetSneak a designer

Data taken from the financial statements of FleetSneak, a designer and manufacturer of athletic footwear and apparel, appear as follows (amounts in millions of US$):

a. Compute the current and quick ratios on May 31 of each year.
b. Compute the cash flow from operations to current liabilities ratio and the accounts receivable, inventory, and accounts payable turnover ratios for 2011, 2012, and 2013.
c. How has the short-term liquidity risk of FleetSneak changed during the three-yearperiod?
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  • CreatedMarch 04, 2014
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