If the quick ratio was 0.80 times in 2013, and in 2012 it was 1.10 times. What is the meaning

of a change like this in the quick ratio?

a.

The companys cash, receivables and marketable securities decreased with

currently liabilities increasing.

b.

The companys cash, receivable and marketable securities increased while current

liabilities remained unchanged.

c.

The companys cash and receivables decreased with currently liabilities

unchanged.

d.

The companys cash, receivables and inventories increased with current liabilities

unchanged.