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Business, 20.09.2019 21:10 oomale

Which of the following statements are true? check all that apply. fitcom corporation has less liquidity but also a greater reliance on outside cash flow to finance its short-term obligations than zebra paper corporation. a current ratio of 1 indicates that the book value of the company’s current assets is equal to the book value of its current liabilities. if a company has a quick ratio of less than 1 but a current ratio of more than 1 and if the difference between the two ratios is large, then the company depends heavily on the sale of its inventory to meet its short-term obligations. fitcom corporation has a better ability to meet its short-term liabilities than zebra paper corporation. an increase in the current ratio over time always means that the company’s liquidity position is improving.

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