Question (8) Based on the following financial information, which best describes the company's liquidity and quality of its current assets over the past three years? Durat Oude 221 22 14 14 14 0505 $ $97 5136 Accorrective des on Band very day and 12 13 O liquidity is trending down and as shown by the dedining current and quick rates. The ratos would be ever lower vere it not for the 10-day slowdown of the collection period While the company's quick ratio and working capital indicate is liquidity is improving, a substantial part of the improvement is the direct result of the 10-day slowdown in the collection period. Until we know what caused the slowdown, the tangan/siquidity is under and is set quality may actually be deteriorating Ligudly las double stown by the dating ooring plant fact, thay love for the fooled because investory is reported a lower valuto 15 o f the folding period. Liquidity is dedining as shown by the stad house in the company'relunce on inventory to cover current abilities. This, coupled with the douding anunt d'inventary darba 15 day stotining of the holding period, Indicts ever les loudy