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3. Balance Sheet Problem 199219931994 Annual Sales Growth (over prior yr)+ 1%0%+1% Current Ratio3.5X2X1.2X Average Collection Period25 days30 days55 days What is happening to liquidity?What

3. Balance Sheet Problem

199219931994

Annual Sales Growth (over prior yr)+ 1%0%+1%

Current Ratio3.5X2X1.2X

Average Collection Period25 days30 days55 days

What is happening to liquidity?What are some follow-up questions your would ask?(10 points)

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