A firm's current ratio has steadily increased over the past 5 years, from 1.9 five years ago to 3.8 today. What would a financial analyst be most justified in concluding? The firm's fixed assets turnover probably has improved. O The firm's liquidity position probably has improved. O The firm's stock price probably has increased. Each of the above is likely to have occurred. The analyst would be unable to draw any conclusions from this information.

A firm's current ratio has steadily increased over the past 5 years, from 1.9 five years ago to 3.8 today. What would a financial analyst be most justified in concluding? The firm's fixed assets turnover probably has improved. The firm's liquidity position probably has improved. The firm's stock price probably has increased. Each of the above is likely to have occurred. The analyst would be unable to draw any conclusions from this information