A liquid asset can be converted quickly to cash with little sacrifice in its value. Which of the following asset classes is generally considered to be the least liquid? Cash Accounts receivable Inventories The most recent data from the annual balance sheets of Pellegrina Southern Corporation and Zebra Paper Corporation are as follows: ZebraPaperCorporationPellegriniSouthernCorporationZebraPaperCorporationPellegriniSouthernCorporation Assets Liabilities Current assets Current liabilities Cash $5,166 $3,321 Accounts |/ 50 50 payable Accounts 1,890 Accruals 1,139 receivable Inventories Notes payable 6,455 Total current $12,600 Total current $7,594 liabilities Net fored assets tong-tern Net plant and 9,900Mr/m/9,900 Total debt $16,875 $13,500 equipment Common equity Retained 1,9691,575 eamings Total common $5,625$4,500 Pellegrin Southern Corporation's current ratio is and its quick ratio is Zebra Paper Corporation's current ratio is and its quick ratio is Note: Round your values to four decinal places. Which of the following statements are true? Check all that apply. Zobra Paper Corporation has a better ability to meet its short-term labilities than Pellegrini Southern Corporation. If a company's current liabilities are increasing faster than its current assets, the company's liquidity position is weakening. 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 large, then the company depends heavily on the sale of its inventory to meet its short-term obligutions. Compared to Pellegrini Southern Corporetion, Zebra Paper Corporation has less liquidity and a lower reliance on outside cash flow to finance its short-term obligatons. An increase in the current ratio over time always means that the company's liguidity position is improving