Compare the ratios of each company and mention the actual numbers in your analysis.
Financial Analysis The following financial results are shown for East, Inc. and West, Inc. Ratios East, Inc. West, Inc. Current ratio 2.3 2.6 Acid test ratio 1.2 1.4 Accounts receivable turnover 8.4 times 8.8 times Inventory turnover 4.7 times 5.1 times Days sales in inventory 64 days 59 days Days sales uncollected 34.2 days 29.7 […]