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Time series of a firm's common size balance sheets reveals the following data: 20X3 20X4 20X5 Current assets 20% 22% 25% 8% 9% 10% Inventory

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Time series of a firm's common size balance sheets reveals the following data: 20X3 20X4 20X5 Current assets 20% 22% 25% 8% 9% 10% Inventory Short-term debt 10% 10% 11% Long-term debt 24% 21% 18% Based only on the data provided, an analyst can conclude that the firm's: O debt ratio is increasing O inventory/sales ratio is increasing O quick ratio is increasing

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