Question: Problem 12.5 Uiquidity Analysis ** Selected financial information about Vijay Merchant Company is given below: In 20X1, the company had receivables of ' 2,500 and

Problem 12.5 Uiquidity Analysis ** Selected financial information about Vijay Merchant

Problem 12.5 Uiquidity Analysis ** Selected financial information about Vijay Merchant Company is given below: In 20X1, the company had receivables of ' 2,500 and inventories of ' 3,000 . Required 1. Compute the current ratio, quick ratio, average collection period, and inventory turnover for 20X1 and 202. 2. State whether there is a favourable or unfavourable change in liquidity from 201 to 202

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