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The following selected information is available for Pretty Pets Inc. for the most recent three years. Is Pretty Pets liquidity improving or worsening? Explain using

The following selected information is available for Pretty Pets Inc. for the most recent three years. Is Pretty Pets liquidity improving or worsening? Explain using all three ratios provided.

	2019	2018	2017
Current ratio	2.4:1	2.4:1	2.4:1
Average Collection Period	46	52	61
Days in Inventory	61	52	46

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