28 The following information relates to ABC, Inc.: howed Pouto Total assets - $400,000 Long-term assets - $100,000 Inventory = $50,000 Current liabilities = $100,000 question What are the firm's current and quick ratios respectively Select one: A Current ratio 3.0;quick ratio = 25 B. current ratio - 1.0; quick ratio = 20 C. current ratio : 1.5 quick ratio = 20 D. current ratio 25: quick ratio = 20 29 The higher a firm's debt utilization ratios, excluding debt-to total assets, the Not yet word Points out of Puestion Select one A less risky the firm's financial position. B. more risky the firm's financial position C. more easily the firm will be able to pay dividends D. none of the above. Outro 30 The most rigorous test of a firm's ability to pay its short term obligations is its Note Points out of Select one A current ratio