2c: Using the ratios below, appraise the trend (2007-09) of Flash's asset use (efficiency). Cite specific ratios to justify your analysis.

BALANCE SHEETS
PERIOD	- 2	- 1	-
AS OF DECEMBER 31	2007	2008	2009
ASSETS
Current assets:
Cash & equivalents	2,536	2,218	2,934
Investments	-	-	-
Trade receivables	10,988	12,864	14,671
Inventory	9,592	11,072	11,509
Other	309	324	357
Total current assets	23,425	26,478	29,471
Non-current assets:
Property, plant & equipment-gross	5,306	6,116	7,282
Accumulated deprec. & amort.	792	1,174	1,633
Property, plant & equipment-net	4,514	4,942	5,649
Investment property	-	-	-
Goodwill	-	-	-
Other 1	-	-	-
Other 2	-	-	-
Total non-current assets	4,514	4,942	5,649
Total assets	27,939	31,420	35,120