a. 16. Which of the following would an analyst most likely be able to determine from a common- size analysis of a company's balance sheet over several periods? an increase or decrease in sales. B. an increase or decrease in financial leverage. C. a more efficient or less efficient use of assets. 17. The most stringent test of a company's liquidity is its: a. cash ratio. B. quick ratio. c. current ratio. 18. Using the information presented in exhibit 4 in the textbook, the quick ratio for sap group at 31 december 2017 is closest to: a a. 1.00 B. 1.07. C. 1.17. 19. The three major classifications of activities in a cash flow statement are: a. inflows, outflows, and net flows. b. operating, investing, and financing. revenues, expenses, and net income. C