Sasha Morgan is interested in investing in Art Levinsen Corporation. The CFO has asked you, a financial analysis, to calculate basic ratios to present to Sasha and other potential investors.
The 20X2 ratios are provided below. Compute the 20X3 ratios. Round each answer to 2 decimal points.
Ratios	20X3	20X2
Current ratio	2.75	2.61
Quick ratio	1.82	1.74
Accounts Receivable turnover	0.9	11.98
Average Collection Period Accounts Receivable	31.01	30.48
Inventory turnover	0.9	6.91
Days in Inventory	49.53	52.79
Indicate the primary contributing factor to the change in Accounts Receivavle turnover that has occurred between 20X2 and 20X3.
Based on inventory turnover ratios, in 20X3 is Art Levinsen Corp. moving inventory faster or slower than it was in 20X2?
If the industry average for inventory turnover is 10.0, which of the following reasons could result in a ratio more in line with the industry?