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KRJ Enterprises reported a current ratio of 1.5 last year and 2.3 this year and reported a quick ratio of 1.1 last year and 1.2

KRJ Enterprises reported a current ratio of 1.5 last year and 2.3 this year and reported a quick ratio of 1.1 last year and 1.2 this year. At the same time its days' sales in receivables remained constant at 32 days and its days' sales in inventory increased from 53 days to 72 days. What is a likely initial conclusion an analyst would make in assessing the company's liquidity? I

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Based on the given information there are a few observations that can be made regarding KRJ Enterprises liquidity 1 Current Ratio The current ratio is ... blur-text-image

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