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Selected financial ratios for Big Comfy Couch Incorporated are as follows: Current ratio Accounts receivable turnover Inventory turnover 2021 2.51:1 7.30 times 8.50 times 2020
Selected financial ratios for Big Comfy Couch Incorporated are as follows: Current ratio Accounts receivable turnover Inventory turnover 2021 2.51:1 7.30 times 8.50 times 2020 2012 1.95:1 1.78:1 11.90 times 17.90 times 9.12 times 8.90 times When assessing the above ratios on an overall basis, most analysts would conclude that the company's liquidity improved. declined. O remained unchanged. cannot be determined from the information provided
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