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After reading the scenario below, please go to the Discussion board and answer the following six questions. Also, respond to at least one of your

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After reading the scenario below, please go to the Discussion board and answer the following six questions. Also, respond to at least one of your classmate's discussion thread. You are interviewing for a business position at a Fortune 500 company. Your resume is screened from the hundreds received and you advance to the interview process. You learn that in addition to the oral interview you will be required to analyze the following financial data and answer the six questions posed. The data is taken from a small merchandiser of sports equipment. 2018 2017 2016 137.096 125.096 100.096 9.896 13.796 15.396 3.5 to 1 3.0 to 1 3.3 to 1 2.4 to 1 2.6 to 1 2.1 to 1 0.8 to 1 1.1 to 1 1.2 to 1 Sales trends percent Selling expenses to sales Sales to plant assets Current ratio Acid-test ratio Merchandise inventory turnover Accounts receivable turnover Total asset turnover Return on total assets Return on equity Profit margin ratio 8.7 times 9.9 times 7.5 times 6.7 times 2.6 times 7.4 times 8.2 times 2.6 times 3.0 times 8.896 9.496 11.196 9.7596 11.5096 12.2596 2.396 3.596 Required: Use the data above to answer the following questions with explanations. 1. Is it becoming easier for the company to meet its current liabilities on time and to take advantage of any cash discounts? Explain. 2. Is the company collecting its accounts receivable more rapidly? Explain. 3. Is the company's investment in accounts receivable decreasing? Explain. 4. Is the company's investment in plant assets increasing? Explain. 5. Is the owner's investment becoming more profitable? Explain. 6. Did the dollar amount of selling expenses increase during the three-year period? Explain

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