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Pecunious Products, Inc.'s financial results for the past three years are summarized below: Year 3 128.0 Year 2 115.0 2.3 2.5 Sales trend Current ratio

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Pecunious Products, Inc.'s financial results for the past three years are summarized below: Year 3 128.0 Year 2 115.0 2.3 2.5 Sales trend Current ratio Acid-test ratio Accounts receivable turnover Inventory turnover Dividend yield Dividend payout ratio Dividends paid per share* 0.8 9.4 6.5 7.1% 40% 1.50 10.6 7.2 Year 1 100.0 2.2 1.1 12.5 8.0 5.8% 60% $ 1.50 6.5% 50% 1.50 $ $ *There have been no changes in common stock outstanding over the three-year period. Required: Your boss has asked you to review these results and then answer the following questions: a. Is it becoming easier for the company to pay its bills as they come due? b. Are customers paying their accounts at least as fast now as they were in Year 1? c. Is the total of the accounts receivable increasing, decreasing, or remaining constant? d. Is the level of inventory increasing, decreasing, or remaining constant? e. Is the market price of the company's stock going up or down? f. Is the earnings per share increasing or decreasing? g. Is the price-earning ratio going up or down? NO NO a. b. C. d. e. f. g. Is it becoming easier for the company to pay its bills as they come due? Are customers paying their accounts at least as fast now as they were in Year 1? Is the total of the accounts receivable increasing, decreasing, or remaining constant? Is the level of inventory increasing, decreasing, or remaining constant? Is the market price of the company's stock going up or down? Is the earnings per share increasing or decreasing? Is the price-earning ratio going up or down? Increasing Increasing Going down Increasing Going down

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