. 33. Given the following information, which company is the most liquid? Hillside hotel: Current Ratio = 2.9; Asset Turnover = 1.5; Debt/Equity Ratio = 1.3 Okie hotel: Current Ratio = 2.4; Asset Turnover = 2.2; Debt/Equity Ratio - 1.8 Metro inn: Current Ratio = 0.8; Asset Turnover = 3.1; Debt/Equity Ratio = 2.1 George hotel: Current Ratio - 1.2; Asset Turnover = 0.5; Debt/Equity Ratio = 0.7 Red inn: Current Ratio = 1.5; Asset Turnover = 3.2; Debt/Equity Ratio = 2.8 a. Hillside hotel b. Okie hotel C. Metro inn d. George hotel e. Redd inn 34. Which of the following statements about ratios is true? a. Managers prefer a high activity ratio. b. Creditors prefer a high debt to equity ratio. Owners and suppliers prefer a low profitability ratio. d. Owners prefer a low operating ratio. e. Managers always prefer a low liquidity ratio. C