You are a business journalist reporting on financial performance of Companies. In a recent interview with the CEO of an engineering Company, the CEO stated that the company is performing very well at present and because it is using the most moden engeneering technology while at the same time keeping the inventory levels low. The CEO stated that the use of state-of-the-art technology coupled with low inventory levels will soon result in the company achieving high profit levels The Cto presented the following ratio analysis to support his statements: 2017 2018 2.10 Current ratio Quick ratio 2019 1.90 0.50 1.70 0.80 0.40 1.20 Do you agree with the CEO's statement about profits? Use the information provided in the table to explan your