Lirio Company -- Year 2 data: TheQuick Ratiois 0.7. When comparing this data to the current ratio of 1.5, the following conclusions may be made,except:

a.The company may have difficulty paying short-term obligations if they all need to be paid immediately.

b.The company no longer meets the going concern assumption

c.The company may use techniques to fully invest excess cash into new business assets so it may meet growth strategies.

d.The company appears to carry a significant amount of inventory.

e.The company has the ability to meet its short-term obligations within one year.