Below are selected financial information for COTY, Inc.
			12-Months Ending
	Selected Financial		June 30, 2020	June 30, 2019	June 30, 2018
	Inventory		678.2	858.9	1,148.9
	Current Asset		6,495.0	3,270.8	3,651.0
	Current Liabilities		3,585.7	3,475.2	13,113.7
	Requirements
	a. Please explain what information is communicated by the Current Ratio?
	b. Please compute and analyze the Current Ratio for FY 2019 and FY 2018.
	c. Make one recommendation for improvement/efficiency based on your analysis.
	Formula:
	Current Ratio:		Current Assets / Current Liabilities