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1a: Using the ratios below, appraise the trend (2007-09) of Flash's liquidity. Fill out the table and write your brief analysis below. 2007 2008 2009
| 1a: Using the ratios below, appraise the trend (2007-09) of Flash's liquidity. Fill out the table and write your brief analysis below. | |||||
| 2007 | 2008 | 2009 | TREND | ||
| Current ratio | 2.1 | 1.9 | 1.9 | -9.5% | |
| Quick ratio | 1.3 | 1.1 | 1.2 | -7.7% | |
| Days sales in receivables | 52 | 58 | 60 | 15.4% | |
| Days cost of sales in inventory | 56 | 59 | 58 | 3.6% | |
| Days cost of sales in payables | 18 | 23 | 20 | 10.0% | |
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The Nurse Managers Guide To Budgeting And Finance
Authors: Al Rundio
2nd Edition
1940446589, 978-1940446585
