Ratios Calculated Year 1 Year 2 Year 3 Price-to-cash-flow 4.00 2.80 2.24 Inventory turnover 8.00 6.40 5.12 Debt-to-equity 0.50 0.40 0.32 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. A decline in the inventory turnover ratio could likely be explained by operational difficulties that the company faced, which led to duplicate orders placed to vendors. A plausible reason why Cute Camel Woodcraft Company's price-to-cash-flow ratio has decreased is that investors expect lower cash flow per share in the future. Cute Camel Woodcraft Company's ability to meet its debt obligations has improved since its debt-to-equity ratio decreased from 0.50 to 0.32. A decline in the debt-to-equity ratio implies a decline in the creditworthiness of the firm