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please complete A) - C) Item Total current assets Total current liabilities Inventory 2012 $17,250 9,240 5,960 2013 $22,260 12,950 6,590 2014 $22,660 13,250 7,730
please complete A) - C)
Item Total current assets Total current liabilities Inventory 2012 $17,250 9,240 5,960 2013 $22,260 12,950 6,590 2014 $22,660 13,250 7,730 2015 $26,170 17,240 7,620 a. Calculate the firm's current and quick ratios for each year. Compare the resulting time series for these measures of liquidity. b. Comment on the firm's liquidity over the 2012-2015 period. c. If you were told that Bauman Company's inventory turnover for each year in the 2012-2015 period and the industry averages were as follows, would this information support or conflict with your evaluation in part (b).? Why? 2015 Item Bauman Company Industry Average 2012 6.2 11.4 2013 6.7 12.0 2014 6.9 11.6 6.3 11.8 a. Calculate the firm's current and quick ratios for each yearStep by Step Solution
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