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Fraser Forestry Ltd. has provided you with the following selected information from 2020 and 2021: 2021 2020 Cash Accounts receivable Short-term investments $15,500 $10,200 18,000

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Fraser Forestry Ltd. has provided you with the following selected information from 2020 and 2021: 2021 2020 Cash Accounts receivable Short-term investments $15,500 $10,200 18,000 22,000 30,000 60,000 29,000 38,500 92,500 130,700 101,000 122,000 Inventory Total current assets Total current liabilities Which of the following best interprets Fraser's current ratio analysis? Current ratio has improved compared to prior year, increasing from 0.9 to 1.1. Current ratio has improved compared to prior year, increasing from 0.6 to 1.8. Current ratio has weakened compared to prior year, decreasing from 0.8 to 0.6. Current ratio has weakened compared to prior year, decreasing from 1.1 to 0.9

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