Jordan Li is interested in purchasing the stock of Mendella, a company that sells concrete mixtures to
Question:
Jordan would like answers to a number of questions about the trend of events for Mendella over the past three years. She has the following questions:
1. Is it becoming easier for the company to pay its bills as they come due?
2. Are customers paying their accounts as well as they were in Year 1?
3. Is the level of inventory increasing, decreasing, or remaining constant?
4. Is the market price of the companys stock going up or down?
5. Is the company employing financial leverage to the advantage of the common stockholders?
Required
Answer each of Jordans questions using the data given above. In each case, explain how you arrived at youranswer.
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