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Alex business has following results 2014 2015 Current ratio 2.0 1.6 Acid test ratio 0.8 0.6 Based on the above information, which of following is

Alex business has following results 2014 2015 Current ratio 2.0 1.6 Acid test ratio 0.8 0.6 Based on the above information, which of following is true? Business does not have enough current assets to pay the current Liabilities in both the years Decline in liquidity from 2014 to 2015. Business had more liquid assets compared to it liquid liabilities in 2014 Improvement in liquidity from 2014 to 2015

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