Scroll down to complete all parts of this task. Compare the values for the ratios in the table below for your client and then select from the option list provided the most likely explanation for the analytical results. Each choice may be used once, more than once, or not at all. Ratio Year 2 Year 1 Explanation 1. Days sales in accounts receivable 38 2. Debt-to-equity 2 to 1 2.2 to 1 1.5 to 1 1.4 to 1 ratio 3. Current ratio 4. Inventory turnover ratio 5. Operating income 5 to 1 6 to 1 -8% 5% Select an option below O Credit terms were restricted on several large accounts during Year 2 O Operating expenses increased at a higher rate than sales during Year 2 O Sales revenue increased at a higher rate than operating expenses during Year 2 O A smaller percentage of sales occurred during the last month of Year 2, as compared with the prior year 1.1 .. L . RESET CANCEL ACCEPT Select an option below O A smaller percentage of sales occurred during the last month of Year 2, as compared with the prior year O A larger percentage of sales occurred during the last month of Year 2, as compared with the prior year O The client experienced a large loss for Year 2 O Inventory increased during Year 2 O An issue of bonds was retired during Year 2 RESET CANCEL ACCEPT