I have used the financial statement of McDonald's to get certain ratios for the economic year of 2020. I have found that the current ratio for 2020 is 1.01, which is higher than 2019's current ratio but a lot lower than a lot of the years before then, with 2015 more than tripling the current ratio amount. That would mean that the company's current assets decreased in size than previous years, or the current liabilities increased in size at a greater amount as the years went by, since 2019 the current liabilities were greater than the current assets since 2019's current ratio was 0.98. Another ratio I was also interested in looking at was the inventory turnover ratio. For 2020, the inventory turnover ratio was 185.0431 which was higher than the years from 2005-2015, but the other previous years the inventory turnover ratio was in the 200s. So either along the line, the cost of goods sold increased, or the average inventory decreased, or both. But the higher the inventory turnover ratio the better, so although the company continued to perform better almost every year it decreased quite a bit in 2020, most likely due to the effect of the pandemic on their financials and business.

Would you say this ratio is especially important for businesses that are selling perishables?