Green caterpiller garden supplies inc did not issue new shares during these three years and has faced some operational difficulties. The company has thus piloted some new forecasting strategies to improve its operations management. You have collected the relevant data, made reasonable assumptions based on the information available, and calculated the following ratios. Ratios Calculated

Year 1 Year 2 Year 3

Price to cash flow 4.60 5.98 6.70

Inventory turnover 9.20 11.04 12.37

Debt to equity 0.60 0.64 0.77

Based on the preceding information, your calculations, and your assumptions, which of the following statements can be included in your analysis report? Check all that apply.

Green caterpiller supplies inc's ability to meet its debt obligations has worsened since its debt to equity ratio has increased from 0.60 to 0.77

An improvement of the inventory turnover ratio could likely be explained by the new sales forecasting strategies that led to better inventory management

A plausible reason why Green caterpiller supplies inc's price to cash flow ratio has increased is that investors expect higher cash flow per share in the future

The companies creditworthiness has improved over these three years as evidenced by the increase of its debt to equity ratio over time