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a. Calculate the firm's current and quick ratios for each year. Compare the resulting time series for these measures of liquidity. b. Comment on the
a. Calculate the firm's current and quick ratios for each year. Compare the resulting time series for these measures of liquidity. b. Comment on the firm's liquidity over the 2019-2022 period. c. If you were told that Bauman Company's inventory turnover for each year in the 2019-2022 period and the industry averages we a. Calculate the firm's current and quick ratios for each year. Bauman Company's current ratio for year 2019 is Bauman Company's current ratio for year 2020 is Bauman Company's current ratio for year 2021 is Bauman Company's current ratio for year 2022 is Bauman Company's quick ratio for year 2019 is Bauman Company's quick ratio for year 2020 is Bauman Company's quick ratio for year 2021 is Bauman Company's quick ratio for year 2022 is b. Comment on the firm's liquidity over the 2019-2020 period. (Select the best answer below.) A. The pattern indicates that Bauman Company's ability to satisfy its short-term obligations has improved over the years. B. The pattern exhibits a reasonably stable trend. C. The pattern indicates a deteriorating liquidity position. D. The pattern indicates that Bauman Company's speed to convert various accounts into sales or cash has improved over the c. Based on Bauman Company's inventory turnover for each year in the 2019-2022 period and the industry averages, does this inf A. Rapid inventory turnover may indicate obsolete inventory. B. Slow inventory turnover may indicate obsolete inventory
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