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Jonathan Swift Movers had the following current ratios 2.2:1; 2.5:1; 2.8:1 for 2012, 2013, 2014 ...

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Jonathan Swift Movers had the following current ratios 2.2:1; 2.5:1; 2.8:1 for 2012, 2013, 2014 ...

Jonathan Swift Movers had the following current ratios 2.2:1; 2.5:1; 2.8:1 for 2012, 2013, 2014 respectively. Which of the following statements most correctly depicts the change in liquidity?
A) Liquidity is improving from selling office supplies.
B) Liquidity is improving due to accounts receivable being collected more quickly.
C) Liquidity is deteriorating due to purchasing equipment.
D) Liquidity is improving due to cash received in exchange of a long-term note payable.

Textbook

Accounting, Volume 1, Canadian Edition

Edition: 9^th

Authors: Horngren, Harrison, Johnston, Meissner, Norwood

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Incredible answer, really thank you

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