Taylor Company Has the Following Financial Data on January 1

Taylor Company has the following financial data on January 1, 2017 and January 1, 2016.
$$\begin{array} { l r r r } & 1 / 1 / 17 & 1 / 1 / 16 \\\hline \text { Cash } & \$ 15,000 & \$ 27,000 \\\text { Accounts receivable } & 23,000 & 11,000 \\\text { Marketable securities } & 3,000 & 10,000 \\\text { Inventary } & 16,000 & 35,000 \\\text { Net plant and equipment } & 40,000 & 32,000 \\& & \\\text { Current liabilities } & \$ 18,000 & \$ 27,000 \\\text { Lang-term debt } & 49,000 & 30,000 \\\text { Sharehalders' equity } & 30,000 & 58,000\end{array}$$
A. In terms of the quick and current ratio, has the short-term solvency position of Taylor improved, remained the same, or declined?
B. If you were a potential short-term creditor to Taylor, would you be more willing to extend credit on either January 1, 2016 or 2017? Explain.