# 53 ABC Inc. reported the following performance measures for 2021 and 2020: 2021 2020 Current ratio 1.0 1.2 Receivables turnover 6 times 9 times Inventory turnover 3 6 Gross Profit Margin 20% 18% Profit Margin 2.6% 2.1% Return on Asset 5% 2% These measures are consistent with: a) improving liquidity and deteriorating profitability. b) deteriorating liquidity and deteriorating profitability. c) deteriorating liquidity and improving profitability. d) improving liquidity and improving profitability