Question: Question 2: Interpretation Ratio Year 1 Year 2 Year 3 Industry Average Currente 1.8:12 1.95:16 2:1 2:12 Liquid (Quick) 0.9:1 0.85:1 0.8:14 1:12 Inventory Turnovere

 Question 2: Interpretation Ratio Year 1 Year 2 Year 3 Industry

Question 2: Interpretation Ratio Year 1 Year 2 Year 3 Industry Average Currente 1.8:12 1.95:16 2:1 2:12 Liquid (Quick) 0.9:1 0.85:1 0.8:14 1:12 Inventory Turnovere 67 days 76 days 94 days 60 days Accounts Receivable Turnover 42 days 36 days 32 days 35 days REQUIRED: Critically evaluate the liquidity of the business above

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