A company has current assets of $76,000, longminus-term assets of $150,000, current liabilities of $43,000, and longminus-term liabilities of $35,000. The current ratio is: 0.79. 1.77. 2.17. 3.40. Rosewood Company had current assets of $592, current liabilities of $453, total assets of $702, and longminus-term liabilities of $200. What is Rosewood's debt ratio? (Round your final answer to two decimal places.) 0.28 0.65 0.93 1.31 A company's current ratio is decreasing every year and currently stands at 1.00. This indicates: an increase in profitability. declining ability to pay current liabilities. an improving financial position. an improving liquidity position