Using the ratios and information given below for PepCo Company, analyze the short-term liquidity of the firm. $\begin{array}{lll}&2015&2014\
\text { Current ratio } & .86 & .80 \
\text { Quick ratio } & .65 & .61 \
\text { Cash flow liquidity ratio } & .69 & .62\
\text { Average collection period } & 32 \text { days } & \text { 30 days } \
\text { Days inventory held } & 74 \text { days } & 74 \text { days } \
\text { Days payable outstanding } & 157 \text { days } & 163 \text { days }\
\text { Cash conversion cycle } & \text { (51 days) } & \text { (59 days) } \
\text { Cash flow from operations (in millions) } & \$ 2,508 & \$ 2,232 \
\text { Net sales (in millions) } & \$ 13,957 & \$ 13,074
\end{array}$

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The Answer of Using the ratios and information given below for PepCo Company, analyze the short-term liquidity of the firm. $\begin{array}{lll}&2015&2014\
\text { Current ratio } & .86 & .80 \
\text { Quick ratio } & .65 & .61 \
\text { Cash flow liquidity ratio } & .69 & .62\
\text { Average collection period } & 32 \text { days } & \text { 30 days } \
\text { Days inventory held } & 74 \text { days } & 74 \text { days } \
\text { Days payable outstanding } & 157 \text { days } & 163 \text { days }\
\text { Cash conversion cycle } & \text { (51 days) } & \text { (59 days) } \
\text { Cash flow from operations (in millions) } & \$ 2,508 & \$ 2,232 \
\text { Net sales (in millions) } & \$ 13,957 & \$ 13,074
\end{array}$

Using the Ratios and Information Given Below for PepCo Company