Following are the auditor's calculations of several key ratios for Cragston Star Products. The primary purpose of this information is to understand the client's business and assess the risk of financial failure, but any other relevant conclusions are also desirable (Click the icon to view the key ratios.) Read the requirements. Requirement a. What major conclusions can be drawn from this information about the company's future? The company's financial position is significantly. The company's ability to pay its bills is (quick ratio = 0.97), and its ability to generate cash is The earnings per share figure is misleading because it appears stable while the ratio of net income to common equity has been in two years. The accounts receivable may contain turnover in the near future. uncollectible accounts (accounts receivable turnover ratio 40% in four years). The company's change in inventory and accounts receivable levels has (days to convert inventory to cash = 179.80 in 2019 versus 108.63 in 2015). 25% in four years), and the inventory may have borrowings. The company goods included therein (inventory experience problems in paying its operating liabilities and required debt repayments