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Balance Sheet Problem 1992 1993 1994 Annual Sales Growth (overprior yr) + 1% 0%...

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Accounting

Balance Sheet Problem 1992 1993 1994 Annual Sales Growth (overprior yr) + 1% 0% +1% Current Ratio 3.5X 2X 1.2X Average CollectionPeriod 25 days 30 days 55 days

What is happening to liquidity? What are some follow-upquestions you would ask?

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Liquidity ratio is determined by the combination of current ratio quick ratio and average collection period Current ratio Current AssetsCurrent liabilities Quick ratio Current assets inventoryCurrent liabilities Average collection period    See Answer
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In: AccountingBalance Sheet Problem 1992 1993 1994 Annual Sales Growth (overprior yr) + 1% 0% +1%...Balance Sheet Problem 1992 1993 1994 Annual Sales Growth (overprior yr) + 1% 0% +1% Current Ratio 3.5X 2X 1.2X Average CollectionPeriod 25 days 30 days 55 daysWhat is happening to liquidity? What are some follow-upquestions you would ask?

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