ces Megatrend Industries is investigating its several divisions for potential opportunities for better management of working capital. The investigation was motivated by discussions with the company's bank regarding recent declines in the company's liquidity ratios. Company management is using Tableau to help visualize the current ratio, the acid-test ratio, and their components for each of the company's 18 divisions. As part of the investigating team, you are inspecting this Tableau Dashboard depicting those factors for the Chemical Transformation Division in each of the three most recent years. Industry norms for the current ratio and the acid-test ratios are 12 and 65, respectively. 14K 4010 30K 201 10K Acid-Test and Current Ratios Current Assets & Liabilities OK 1.50 1.00 0.50 0.00 2019 2019 2020 2011 2020 Curmet Curvest Current Cart Cart Carret Ass Liabilities Assens Liabilities Assets Liabilities 50K Current Asset Composition 400 30K 201 10K OK Acid-test Ratio Current Ratio 2019 2021 2020 inventories Quick Assets 2021 Required 1 Required 2 Required 3 Required 4 What were the Chemical Transformation Division's current ratios in 2019 and in 2021? 01.29 in 2019 and 1.46 in 2021 O0.72 in 2019 and 0.54 in 2021 0.54 in 2019 and 0.72 in 2021 Required 5 Required 11 Required 2 Required 3 Required 4 Required 5 From your analysis of the data, does the Chemical Transformation Division appear to be contributing to the decline in the company's current ratio? Yes ONO < Required 1 Required 3 > Required 1 Required 2 Required 3 Required 4 Which component of the current ratio is growing faster: current assets or current liabilities? Current assets Current liabilities OO Required 5 < Required 2 Required 4 > Required 1 Required 2 Required 3 Required 41 Required 5 Does the Chemical Transformation Division appear to be contributing to the decline in the company's acid-test ratio? OYes ONO < Required 3 Required 5 > Required 2 Required 3 The change in which component of the acid-test ratio would you recommend for further investigation: quick assets or current labilities? Required 1 Current liabilities Quick assets Required 4 Required 5 < Required 4 Requited 5