Hello I just want to verify that these questions are correct. Please show work for any wrong questions. Thank you in advance.

For questions 8-13, reference the ratios below: Shelly Manufacturing Food Industry 2018 2017 2016 2018 2017 2016 Current Ratio 1.5 1.7 1.8 2.1 2.2 2.2 Accounts Rec. Turnover 14.0 13.0 12.1 11.0 12.0 10.0 # Days' Sales in Receivables 26.1 28.1 30.4 33.2 30.4 36.5 Inventory Turnover 9.9 7.9 7.2 9.9 9.8 9.8 # Days' Sales in Inventory 36.9 46.2 50.7 36.9 37.2 37.2 8, Shelly's current ratio (liquidity) is: a. Stronger over time b. Getting weaker over time c. Better than its industry d. Both a and c above e. Both b and d above9. Assume the quick ratio for Shelly is 0.4. When comparing the data to Shelly's current ratio noted above, the following conclusions may be made, except: a. The company has most of its current assets in inventory b. The company has the ability to meetits short-term obligations c. The company may have difficulty paying short-term obligations if they all need to be paid immediately d. The company may use cash management strategies to extend credit terms to suppliers so it can delay payments for a greater amount of time and this will decrease the current ratio e. The company has most of its current assets in cash and accounts receivables No because they maynot have sufficient cashto pay short term debts. .10. Shelly's accounts receivable turnover performance is: a. Improving over time b. Getting worse over time c. Better than its industry d. Credit and collection procedures are deteriorating over time e. a and c above are both correct 11. Shelly's # Days' Sales in Receivables are noted in the table above. If credit terms are 30 days, which of the following interpretations is correct? a. Collection performance improved, but credit terms are not being met b. Collection performance improved and credit terms are being met c. Collection performance deteriorated and credit terms are not being met d. Collection performance deteriorated, but credit terms are being met e. None of the above are correct T 12. Tor F: Shelly is "closing the gap" between its inventory turns and industry results. T 13. Tor F: Based on Shelly's Inventory information in the table (2 ratios): Shelly is turning inventory faster over time, which means inventory is on hand for a fewer number of days. The company is managing inventory more efficiently. True because inventory turnover is increasing every year and Days sales in inventory is decreasing each year