The Data of Graham Brothers Corp Based on the Above Information, Which of the Following Statements

Multiple Choice

The data of Graham Brothers Corp. for two years are given below. $$\begin{array} { | l | r | r | } \hline & { \mathbf { 2 0 1 8 } } & { \mathbf { 2 0 1 9 } } \\\hline \text { Cash and cash equivalents } & \$ 5,000 & \$ 12,100 \\\hline \text { Total current liabilities } & 21,000 & 34,000 \\\hline\end{array}$$ Based on the above information, which of the following statements is true?

A) Cash ratio has increased from 0.02 in 2018 to 0.03 in 2019.
B) Cash ratio has increased from 0.05 in 2018 to 0.08 in 2019.
C) Cash ratio has increased from 0.356 in 2018 to 0.238 in 2019.
D) Cash ratio has increased from 0.238 in 2018 to 0.356 in 2019.