The following selected ratios are available for Pampered Pets Inc.: Current ratio 2.6 2021 1 2020 1.4 1 Acid-test 0.8 1 0.6 :1 2019 2.1 1 0.7 :1 Receivables turnover 6.7 times 7.4 times 8.2 times Inventory turnover 7.5 times 8.7 times 9.9 times Operating cycle 103 days 91 days 81 days (c) Overall, has the company's liquidity improved or weakened over the past three years? The company's liquidity has Save for Later Attempts: 0 of 1 used Submit