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Question $2$

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Question text

Selected financial ratios for Birdnest Incorporated are as follows:

$202120202019$

Current ratio $2\mathrm{.}50$:$12\mathrm{.}0$:$11\mathrm{.}75$:$1$

Accounts receivable turnover $7$ times $12$ times $18$ times

Inventory turnover $9$ times $9\mathrm{.}1$ times $8\mathrm{.}9$ times

Based upon an analysis of the above information, which of the following statements most accurately describes Birdnests financial results for $2021?$

Select one:

A$.$

The company's liquidity improved.

B$.$

The company is taking longer to collect its accounts receivable.

C$.$

The company's current ratio deteriorated.

D$.$

The company is selling more inventory.