Estimates the firm's worth on a given date; built on the accounting equation. Question 1 options: Balance Sheet Income Statement Statement of Cash flows Question 2 (1 point) Compares the firm's expenses against its revenue over a period of time to show its net income. Question 2 options: Balance Sheet Income statement Shareholder's equity Question 3 (1 point) Calculate the current ratio from the following: Current assets $394598, Long-term liabilities $234700, Current liabilities $98780. Question 3 options: 1.68:1 3.99:1 .25:1 Question 4 (1 point) ________ ratio shows the extent to which the firm's most liquid assets cover its current liabilities. Question 4 options: Quick Debt Current Question 5 (1 point) Calculate the Debt ratio from the following: Total debt $580000, total assets $847655. Question 5 options: 1:68 1:.68 .68:1