Company X has the following Balance sheet for 2019 and 2020. Explain how liquidity of the compny did change between these two years .

Use Current and Quick ratios only.

	2019	2020
Cash	20	25
Account receivables	240	300
Inventory	240	300
Total current assets	500	625
Net fixed assets	500	625
Total assets	1,000	1,250
Accounts payable	100	125
Notes payable	100	193.6
Total current liabilities	200	318.6
Long term debts	100	193.6
Common stock	500	500
Retained earnings	200	237.8
Total Liabilities and equity	1,000	1,250