19. Vlctoria Enterprises has $1.6 million of accounts receivable on its balance sheet. The company's D80 is 40 (based on a 360-day year), its current assets are $2.5 million, and its current ratio is 1.5. The company plans to reduce its DSO from 40 to the industry average of 30 without causing a decline in sales. The resulting decrease in accounts receivable will free up cash that will be used to reduce current liabilities. If the company succeeds in its plan, what will Vlctoria's new current ratio be? a. 1.50 b. 1.97 c. 0.72 d. 1.66