Transic Corporation has the following financial data for 2017 and 2048. 2018 2017 ASSETS Current Assets: Cash Marketable Securities Accounts Receivable Other Current Assets $ 48,000 $ 14,000 9,000 13,000 35,000 24,000 15,000 18,000 107,000 69,000 140,000 130,000 $247,000 $199,000 Total Current Assets Fixed Assets (net) Total Assets LIABILITIES Current Liabilities Long-term Liabilities Total Liabilities $ 72,000 $ 52,000 50,000 37,000 $122,000 $ 89,000 $125,000 $110,000 $247,000 $199,000 Total Stockholders' Equity Total Liabilities And Stockholders' Equity Based on Transic's current ratio, which of the following statements regarding the company is true? a. Transie's current ratio has increased, indicating that the company is in a more favorable position to obtain short-term credit than in 2017. b. Transic's current ratio has increased indicating that the company is in a less favorable position to obtain short-term credit than in 2017. C. Transie's current ratio has decreased, indicating that the company is in a less favorable position to obtain short-term credit than in 2017. d. Transic's current ratio has decreased indicating that the company is in a more favorable position to obtain short-term credit than in 2017