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1 a: Part 1 . Using the ratios below, appraise the trend ( 2 0 0 7 - 0 9 ) of Flash's liquidity. Fill

1a: Part 1. Using the ratios below, appraise the trend (2007-09) of Flash's liquidity. Fill out the table and write your brief analysis below.
200720082009 TREND
Current ratio 2.11.91.9-11.2%
Quick ratio 1.31.11.2-8.3%
Days sales in receivables 52.058.060.015.4%
Days cost of sales in inventory 56.059.158.03.6%
Days cost of sales in payables 18.022.819.810.0%

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