Selected financial data for Link, Inc. follows: ($ in thousands)
-Which of the following statements best describes how the company's short-term liquidity changed from 2011 to 2012?
A) Link's short-run liquidity has improved modestly.
B) Link's short-run liquidity has deteriorated very little, but from a low initial base.
C) Link's short-run liquidity has improved considerably, but from a low initial base.
D) Link's short-run liquidity has deteriorated considerably, but from a high initial base.
E) None of the above.
Correct Answer:
Verified
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