Over the last 5 years, Theo has seen an increase in it's Accounts Receivable Turnover and a decline in Average Collection Period. These trends indicate: (Note: Accounts Receivable Turnover is calculated as net credit sales divided by average net accounts receivable. Average Collection Period is calculated as 365 divided by the Accounts Receivables Turnover.)

• A. Improved profitability for the company.
• B. A decline in the company's solvency.
• C. An improvement in the liquidity of receivables.
• D. A decline in the liquidity of receivables.