Consider the ratios for 1999, 2000, and 2001.

It appears that the golf course:

	1999	2000	2001	Industry Average
Current Ratio	2.0	1.8	1.2	1.4
Cash as a % of Total Current Assets	39.2	35.7	10.5	15.5
Accounts Receivable as a % of TCA	32	39	41	21.0
Average Collection Period	30	35	45	30.0
Average Payment Period	35	40	45	37.0
Debt Ratio	35	35	65	35.0
Gross Profit Margin (%)	49	49	52	47.0
Return on Investment (%)	27	29	37	31.0

	A.	all of these
	B.	paying their bills more quickly
	C.	getting a little lax in their credit management