Fitcom Corporation's current ratio is quick ratios Note: R 1.3333 and its quick ratio is values to four decimal places. ; Zebra Paper Corporation's current ratio is and its Which of the following statements a 2.5333 heck all that apply. Fitcom Corporation has les 2.8333 but also a gater reliance on outside cash flow to finance its short-term obligations than Zebra Paper Corporation 1.8333 A current ratio of 1 indicates that the book value of the company's current assets is equal to the book value of its current liabilities la 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 obligations Ficom Corporation has a better ability to meet its short-term liabilities than Zebra Paper Corporation An increase in the current ratio over time always means that the company's liquidity position is improving 1,094 875 $3,125 $2,500 Retained earnings Total common equity Total liabilities and equity Total assets $12,500 $10,000 $12,500 $10,000 A-Z Fitcom Corporation's current ratio is and its quick ratio is quick ratio is Note: Round your values to four decimal pia Zebra Paper Corporation's current ratio is and its 1.1201 Which of the following statements are true? Check all that apply. 0.9291 Ftcom Corporation has less liquidity but also a greater reliance 0.7467 ble cash flow to finance its short-term obligations than Zebra Paper Corporation 0.896 A current ratio of indicates that the book value of the company's current assets is equal to the book value of its current liabilities If a company has a quick ratio of less than I 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 obligations om Corporation has a better ability to meet its short-term liabilities than Zebra Paper Corporation An increase in the current ratio over time always means that the company's liquidity position is improving Grade It Now Save & Continue Continue without saving 80 888 4 PS 44 7 # $ P ra FO 3 % 5 E 6 & 7 CO 9 0 E R T T Y delete U 0 Total assets WI $2,500 $12,500 $10,000 equity Total liabilities and equity $12,500 $10,000 Fitcom Corporation's current ratio is and its quick ratio is quick ratio is Note: Round your values to four decimal places. ; Zebra Paper Corporation's current ratio is and its 1.6592 Which of the following statements are true? Check all that apply. 2.1592 Fitcom Corporation has less liquidity but also a greater reliance on outside cash flow to finance its short-term obligation 2.8592 pra Paper Corporation 3.1592 A current ratio of 1 indicates that the book value of the company's current assets is equal to the book value of its current anties. 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 obligations 13 Fitcom Corporation has a better ability to meet its short-term liabilities than Zebra Paper Corporation An increase in the current ratio over time always means that the company's liquidity position is improving 1,094 875 $3,125 $2,500 Total assets $12,500 $10,000 Total common equity Total liabilities and equity $12,500 $10,000 A-Z Fitcom Corporation's current ratio is and its quick ratio is quick ratio is Note: Round your values to four decimal places Zebra Paper Corporation's current ratio is and its 0.9291 Which of the tatements are true? Check all that apply. 1.3937 ration has less liquidity but also a greater reliance on outside cash flow to finance its short-term obligations than Zebra Pad 1.1149 con A 0.7467 of 1 indicates that the book value of the company's current assets is equal to the book value of its current liabilities. 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 obligations Citcom Corporation has a better ability to meet its short-term liabilities than Zebra Paper Corporation An increase in the current ratio over time always means that the company's liquidity position is improving Grade It Now Save & Continue Continue without saving 80 009 dor 14 FO 910 41) # 3 $ 4 A % 5 * 6 & 7 8 8 9 0 + E 20 delete T T Y U d LU Assignment - Analysis of Financial Statements Zebra Paper Fitcom Corporation Corporation Assets Zebra Paper Corporation Fitcom Corporation Current assets 52,870 Cash Accounts recalvable Liabilities Current liabilities Accounts payable Accruals $1,845 675 $0 1,050 $0 633 0 3,080 $7,000 1,980 3,586 3,375 $4,500 Inventories Total current assets Net Fred assets Net plant and equipment $4,219 Notes payable Total current liabilities Long-term bonds Total debt $3,375 5,500 5,500 5,156 $9,375 4,125 $7,500 $2,031 $1,625 Common equity Common stock Retained earnings Total common equity Total liabilities and equity 1,094 $3,125 875 $2,500 Total assets $12,500 $10,000 $12,500 $10,000 Which of the following statements are true? Check all that apply. Fitcom Corporation has less liquidity but also a greater reliance on outside cash flow to finance its short-term obligations than Zebra Paper Corporation A current ratio of 1 indicates that the book value of the company's current assets is equal to the book value of its current abilities. 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 obligations Fitcom Corporation has a better ability to meet its short-term liabilities than Zebra Paper Corporation An increase in the current ratio over time always means that the company's liquidity position is improving