The following ratios are available for Lin Inc
The following ratios are available for Lin Inc


Instructions
(a) Is Lin’s short-term liquidity improving or deteriorating in 2014? Be specific in your answer, referring to relevant ratios.
(b) Do changes in turnover ratios affect profitability? Explain.
(c) Identify any steps Lin might have taken, or might wish to take, to improve its management of its accounts receivable and inventoryturnovers.
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