Selected financial data for Wilmington Corporation is presented below.

WILMINGTON CORPORATION Balance Sheet Dec. $31,$ Year $7$ Dec. $31,$ Year $6$ Current Assets Cash and cash equivalents $$519,159$ $$274,579$ Marketable securities $166,106187,064$ Accounts receivable $($net$)232,548260,190$ Inventories $382,044352,022$ Prepaid expenses $49,83222,958$ Other current assets $83,05385,029$ Total Current Assets $1,432,7421,181,842$ Property, plant and equipment $1,384,217625,421$ Long$-$term investment $568,003425,000$ Total Assets $$3,384,962$ $$2,232,263$ Current Liabilities Short$-$term borrowings $$306,376$ $$170,419$ Current portion of long$-$term debt $155,000168,000$ Accounts payable $228,700257,631$ Accrued liabilities $246,292150,285$ Income taxes payable $87,962161,020$ Total Current Liabilities $1,024,330907,355$ Long$-$term debt $500,000300,000$ Deferred income taxes $193,515236,164$ Total Liabilities $1,717,8451,443,519$ Common stock $$425,250$ $$125,000$ Additional paid$-$in capital $356,450344,335$ Retained earnings $885,417319,409$ Total Stockholders' Equity $1,667,117788,744$ Total Liabilities and Stockholders' Equity $$3,384,962$ $$2,232,263$

Selected Income Statement Data for the year ending December $31,$ Year $7$ Net sales $$4,885,340$ Cost of goods sold $(2,978,182)$ Selling expenses $(884,685)$ Operating income $1,022,473$ Interest expense $(55,240)$ Earnings before income taxes $967,233$ Income tax expense $(401,225)$ Net income $$566,008$

Selected Statement of Cash Flow Data for the year ending December $31,$ Year $7$ Cash flows from operations $$1,310,476$ Capital expenditures $$745,862$

Required

Wilmington Corporation$$s quick ratio changed by what percentage from Year $6$ to Year $7?$

Select one:

a$.+11\mathrm{.}1\%$

b$.+88\mathrm{.}9\%$

c$.+7\mathrm{.}7\%$

d$.+12\mathrm{.}5\%$Selected financial data for Wilmington Corporation is presented below.

WILMINGTON CORPORATION Balance Sheet Dec. $31,$ Year $7$ Dec. $31,$ Year $6$ Current Assets Cash and cash equivalents $$548,001$ $$289,834$ Marketable securities $166,106187,064$ Accounts receivable $($net$)245,468274,645$ Inventories $403,268371,578$ Prepaid expenses $52,60124,234$ Other current assets $83,05385,029$ Total Current Assets $1,498,4971,232,384$ Property, plant and equipment $1,384,217625,421$ Long$-$term investment $568,003425,000$ Total Assets $$3,450,717$ $$2,282,805$ Current Liabilities Short$-$term borrowings $$306,376$ $$170,419$ Current portion of long$-$term debt $155,000168,000$ Accounts payable $241,405271,944$ Accrued liabilities $259,975158,634$ Income taxes payable $92,848169,965$ Total Current Liabilities $1,055,604938,962$ Long$-$term debt $500,000300,000$ Deferred income taxes $204,266249,284$ Total Liabilities $1,759,8701,488,246$ Common stock $$425,250$ $$125,000$ Additional paid$-$in capital $356,450344,335$ Retained earnings $909,147325,224$ Total Stockholders' Equity $1,690,847794,559$ Total Liabilities and Stockholders' Equity $$3,450,717$ $$2,282,805$

Selected Income Statement Data for the year ending December $31,$ Year $7$ Net sales $$4,885,340$ Cost of goods sold $(2,960,267)$ Selling expenses $(884,685)$ Operating income $1,040,388$ Interest expense $(55,240)$ Earnings before income taxes $985,148$ Income tax expense $(401,225)$ Net income $$583,923$

Selected Statement of Cash Flow Data for the year ending December $31,$ Year $7$ Cash flows from operations $$1,383,280$ Capital expenditures $$745,862$

Required

Wilmington Corporation$$s return on equity in Year $7$ was:

Select one:

a$.16\mathrm{.}9\%$

b$.34\mathrm{.}5\%$

c$.47\mathrm{.}0\%$

d$.20\mathrm{.}4\%$