Essay
The following information is available from the financial statements of Complete Home Furnishings. The company is a manufacturer of home furnishings, and its sales are mainly on credit. 
Instructions
Evaluate the company's liquidity position for 2016. As part of your analysis, you will have to calculate the current ratio, inventory turnover ratio, and days in inventory for the company for 2016 and 2015.
Correct Answer:
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The company's current ratio has improve...View Answer
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Correct Answer:
Verified
The company's current ratio has improve...View Answer
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