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2022 2021 Current ratio 1.2:1 0.9:1 Receivables 60 days 50 days days Payables days 45 days 35 days Inventory 36 days 45 days turnover How
2022 2021 Current ratio 1.2:1 0.9:1 Receivables 60 days 50 days days Payables days 45 days 35 days Inventory 36 days 45 days turnover How many of the following statements regarding Pimlico are TRUE? i. Pimlico is taking longer to pay its suppliers in 2022 than in 2021 ii. Pimlico is suffering a worsening liquidity position in 2022 iii. Pimlico is managing inventory less efficiently in 2022 compared to 2021 iv. Pimlico is receiving cash from its customers more quickly in 2022 than in 2021 O a. Two statements are true O b. Four statements are true O c. Only one statement is true O d. Three statements are true
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