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Financial Analysis<br />
Liquidity Ratios<br />
Working Capital in 2006 was $2,452191, in 2007 was<br />
$4,022,926, current assets was much higher in 2007<br />
cause the higher number.<br />
Current ratio in 2006 was 1.97, in 2007 was 2.30<br />
Recievable Turnover in 2006 was 15.18, in 2007 was<br />
15.97, numbers between years are very close<br />
Avg. day’s sales uncollected in 2006 was 24 days in<br />
2007 it was 22.86 days<br />
Inventory turnover- no average inventory given