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Accounting ratios
Can anyone answer this question in accounting?
The following ratios are available for Tianjin Inc. 2004 2003 Current ratio 1:3:1 1:5:1 Recieavables 12 times 10 times Inventory turnover 11 times 9 times Is this companies short term liquidity improving or deteriorating in 2004? Based on the ratios? Do changes in turnover ratio affect probablility? How can this company improve their recievables and inventory turnover? |
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