1. Information about how a company acquires its assets can be determined by:

a. the inventory turnover b. the debt ratio c. the current ratio d. Earnings per share e.None of the above

2. Which is of the following is true? Select all that are true.

a.A company with a long operating cycle will most likely have low liquidity ratios

b.A company with a short operating cycle will most likely have high liquidity ratios

c.A company with a long operating cycle will most likely have high liquidity ratios

d.A company with a short operating cycle will most likely have low liquidity ratios

e.All are true