Question: Hints For each ratio presented below, indicate whether the current year is Better of Worse than the prior year Current Prior Ratio Accounts Receivable Acid



Hints For each ratio presented below, indicate whether the current year is Better of Worse than the prior year Current Prior Ratio Accounts Receivable Acid Test Ratio Current Ratio Inventory Turnover Number of Days Sales in Inventory Number of Days' Sales in Receivables Number of Times Interest Charges Year 12.0 1.2 2.5 5.6 52 70 Year 12.8 2.3 2.3 5.7 51 79 5.2 10.2 12% 12% 3.7 Earned Price- Earnings Ratio Rate Earned on Stockholders Equity Rate Earned on Total Assets 10.0 9% 13% Is the Accounts Receivable Turnover for the Current Year better or worse than the Prior Year? OA. Better OB. Worse Hints
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