Refer to your work in Problem 2-8A (a). Which of the following statements best describes the company's overall liquidity, solvency, and profitability The company's liquidity, solvency, and profitability are all of concern in 2016. The company's liquidity may show early indications of possible concern in 2018, but its solvency and profitability are good, The company's liquidity and solvency are of concern in 2018, but its profitability is not. The company's liquidity, solvency, and profitability are all good in 2018. UINK TO TEXT IS Financial Accounting, Seventh Canadian Edition by Kimmel, Weygandt, Kieso, Trenholm, Irvine, and Burnley Help System Announcements Problem 2-8A (a) Selected ratios for Oriole Corporation are as follows: Working capital Current ratio Debt to total assets Basic earnings per share Price earnings ratio 2018 2017 2016 $160,000 $175,000 $192,000 1.1:1 1.2:1 1.2:1 34.2% 43.4% 40.0 % $3.40 $3.05 $3.30 6.2 times 5.7 times 6.1 times Identify if the change in each value or ratio is an improvement or deterioration between (1) 2016 and 2017, and (2) 2017 and 2018. 2016-2017 2017-2018 Working capital Current ratio Debt to total assets Basic earnings per share Price earnings ratio LINK TO TEXT By accessing this Question Assistance, you will learn while you eam points based on the Point Potential Policy set by your instructor