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Given the following information, analyze XYZ Company's liquidity. Year 2 0 x 1 Total quick assets $ 3 0 , 0 0 0 Total current

Given the following information, analyze XYZ Company's liquidity.
Year 20x1
Total quick assets
$30,000
Total current assets
$40,000
Total current liabilities
$22,000
Acid-test ratio
1.36
Current ratio
1.82
Industry acid-test ratio
.70
Industry current ratio
1.65
Multiple select question.
They have sufficient quick assets to pay off short-term debt if needed.
They are more liquid than others in their industry.
They don't have sufficient liquid assets to pay off short-term debt if needed.
They are less liquid than others in their industry

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