The following information relates to Securitie Lid. 2019 2020 Current ratio 1.3:1 1.1:1 Acid test ratio 0.7:1 0.5:1 Receivables turnover period 45 days 30 days Inventory turnover period 92 days 122 days Profit margin 7% 10% The industry averages for current ratio and acid test ratio are 1.5:1 and 0.9:1 respectively