1st blank options = (1.33,2.83,1.83,2.53)

2nd blank options = (0.75, 0.93, 1.13, 0.90)

3rd blank options = (1.66, 3.16, 2.16, 2.86)

4th blank options = (0.75, 0.93, 1.12, 1.40)

The most recent data from the annual balance sheets of East India Inc. (Em) and wante Corporation are given Balance Sheet For the Year Ending on December 31 (Millions of dollars) ETT Vallante ETI Vallante Liabilities Equity Current asset Current abilities: Accounts payable Cash Accounts receive 287 105 308 700 1845 7.5 190 450 Inventories 337.5 Total current assets 61.2013 338.5938 421.875 515.625 9373 337,5 Net Pored assets Net plant and equipment 550 550 750 Notes payable Total current liabilities Long-term bonds Tocal debe Common equity Common stock Retained earnings Total common equity Total abies and equity 162.5 203.125 109.375 3125 875 250 1.250 1000 1.250 1000 v e current is_ and is quite is whereas Er's current ratio is_ and is quick ratio is_ which of the following statements are true? Check all that apply East India Inc. (Em) has a better ability to meet its short-term liabilities than Vallante Corporation com our abilities are creasing tower than is current at the company's po s i ng 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 larget would mean that the company depends heavily on the sale of its inventory to meet its short-term obligations As compared to V ote Corporation East India Inc. ( Seance short-term oblations ) has lesser udity and relatively greater relance de cash flow to An increase in the current ratio over time would always mean that the company's liquidity position is improving One of the most important assumptions behind the calculation of ouick ratio is that The firm's accounts receivables will be collected at the expiration of the credit period) or are un collectible The firm's accounts receivables can be collected and converted into cash within the time period for which credit was granted 0 entories are highly loud and can be sold oudly with minimal loss of value to assist in the settlement of the firm's francal The firm's obligatione to search