Liquidity ratios LO3 Use the financial statements for GameStop Corp
Liquidity ratios. (LO3). Use the financial statements for GameStop Corp. to calculate the following liquidity ratios for the most recent fiscal year:
1. Current ratio
2. Inventory turnover and average days in inventory
3. Accounts receivable turnover and average days to collect AR What do these ratios tell you about thefirm?
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