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Pine Co has the following ratios for 2018 and 2017: 2018 2017 Current ratio 0.9 : 1 1.3 : 1 Trade receivable days 74 days

Pine Co has the following ratios for 2018 and 2017:

2018 2017
Current ratio 0.9 : 1 1.3 : 1
Trade receivable days 74 days 51 days
Trade payable days 31 days 45 days
Inventory days 42 days 37 days

Which of the following is true?

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Pine Co is suffering from a worsening liquidity position in 2018

Pine Co's liquidity and working capital have improved in 2018

Pine Co is receiving cash from customers more quickly in 2018 than in 2017

Pine Co is taking longer to pay suppliers in 2018 than in 2017

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