Question: Please help. Thanks. Using the ratios and information given for FABulous Things.com, an Internet retailer, analyze the short-term liquidity and operating efficiency of the firm

Using the ratios and information given for FABulous Things.com, an Internet retailer, analyze the short-term liquidity and operating efficiency of the firm as of 2012. Financial ratios 2011 2012 Liquidity current times) 1.48 1.35 Quick (times) 1.07 1.02 Cash flow liquidity (times) 1.32 1.23 9 days Average collection period 9 days 35 days 27 days Days inventory held 85 days 75 days Days payable outstanding (41 days) (39 days) Cash conversion cycle Activity 28.25 Fixed asset turnover (times) 30.45
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