A high quick ratio is always an indication of a well-managed firm.

	True
	False

Which of the following would increase a company's current ratio?

	An increase in accounts receivable.
	An increase in long-term bonds
	An increase in accruals.
	An increase in fixed assets.

Question 3 (1 point)

What industry is likely to have to lowest inventory turn-over?

	Aged Scotch Production
	Grocery Stores
	Computer Parts
	Automobile Sales