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A company has the following ratios: QUESTION 3 A company has the following ratios: 2012 2013 2014 Current ratio 2.4 2.3 2.1 Debt ratio 0.6

A company has the following ratios:image text in transcribed

QUESTION 3 A company has the following ratios: 2012 2013 2014 Current ratio 2.4 2.3 2.1 Debt ratio 0.6 0.5 0.3 Cash coverage 5.6 7.2 8.1 Inventory turns 3.2 3.6 3.9 What is true of this company? a. Becoming more liquid evidenced by its cash coverage b. Increasing its investment in inventory c. Improving its ability to borrow d. Becoming less liquid as evidenced by its debt ratio

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