Britt Company Selected Data from Britt Company's Financial Statements Are Provided Below

Britt Company
Selected data from Britt Company's financial statements are provided below.

- Refer to the selected financial data for Britt Company. Which of the following statements is true regarding the company's liquidity?

A) Based on the current ratio, the company's ability to meet its short-term obligations appears to have deteriorated at the end of 2012 compared to 2011.
B) The quick ratio decreased from 2011 to 2012.
C) The operating cash flow ratio increased from 2011 to 2012.
D) Based on the quick ratio, the company appears to be in a better position to pay its current obligations at the end of 2012 compared to 2011.