Question: Pls help. There are three questions. Thank U. The comparative financial statements of Lakeland Pools, Ine, for 2023, 2022, and 2021 included the following select
Pls help. There are three questions. Thank U.
The comparative financial statements of Lakeland Pools, Ine, for 2023, 2022, and 2021 included the following select data: Ifll (Click the icon to vew the comparatere financial data.) Read the reouirements- Requirement 1. a. Compule the current ratios for 2023 and 2022. Requirements Data table 1. Compute the following ratios for 2023 and 2022 a. Current raso b. Quick (acidtes) ratio c. Days' sales outstanding 2. Which rabes impeoved from 2022 to 2023 and which ratios deteriorated? Are each of the trends tavorable or untavorable? 3. Recommend two ways for Lakeland Pools to improve cash flows from recemebles
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