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Accounting 10:00 AM / Remaining: 152 min. Question 29 The following selected ratios are available for Pampered Pets Inc. for the three most recent years:

Accounting

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10:00 AM / Remaining: 152 min. Question 29 The following selected ratios are available for Pampered Pets Inc. for the three most recent years: 2018 2017 2016 Current ratio 2.7 :1 2.4 :1 2.1 :1 Receivables turnover 6.7 times 7.4 times 8.2 times Inventory turnover 7.7 times 8.6 times 9.9 times Has the company's collection of its receivables improved or deteriorated over these three years? The company's collection of its accounts receivable has Is the company selling its inventory faster or slower than in past years? The company is selling its inventory Overall, has the company's liquidity improved or deteriorated over these three years? Overall, the company's liquidity has

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