For the following ratio questions, refer to the balance sheet information for the SAP Group presented in Exhibits 1 , 4 , 6 , 8 , and 12 .

1. The current ratio for SAP Group at 31 December 2009 is closest to 

A. 1.54.

B. 1.86.

C. 2.33.

2. Which two of the following ratios decreased in 2009 relative to 2008?

A. Cash.

B. Quick.

C. Current.

D. Debt-to-equity.

E. Financial leverage.

F. Long-term debt-to-equity.

3. For the ratios listed in Question 2, how are the changes interpreted?

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EXHIBIT 1 SAP Group Consolidated Statements of Financial Position (Excerpt) (in millions of ) 31 December Assets Total current assets Total non-current assets Total assets Equity and liabilities Total current liabilities Total non-current liabilities Total liabilities Total equity Equity and liabilities 2009 5,255 8,119 13,374 3,416 1,467 4,883 8,491 13,374 2008 5,571 8,329 13,900 5,824 905 6,729 7,171 13,900