Ratios Calculated

Year $1$

Year $2$

Year $3$

Price$-to-$free$-$cash$-$flow$1\mathrm{.}001\mathrm{.}301\mathrm{.}46$Inventory turnover$2\mathrm{.}002\mathrm{.}402\mathrm{.}69$Debt$-to-$equity$0\mathrm{.}300\mathrm{.}320\mathrm{.}38$

Based $on$ the preceding information, your calculations, and your assumptions, which $of$ the following statements can $be$ included $in$ your analysis report? Check all that apply.

The company$s$ creditworthiness has improved over these three years $as$ evidenced $by$ the increase $in$ its debt$-to-$equity ratio over time.

Cold Goose Metal Works Inc.$s$ ability $to$ meet its debt obligations has worsened since its debt$-to-$equity ratio increased from $0\mathrm{.}30to0\mathrm{.}38.$

A plausible reason why Cold Goose Metal Works Inc.$s$ price $to$ free cash flow ratio has increased $is$ that investors expect higher cash flow per share $in$ the future.

$An$ improvement $in$ the inventory turnover ratio could likely $be$ explained $by$ the new sales$-$forecasting strategies that led $to$ better inventory management.