In accounting for liquidity, the Finance Department of physician group practice ABC, located in Pasadena, reprted a current ratio of 3.5 for the reporting year ending 12/31/2019. This means O ABC has $0.35 of current assets for every $1.00 of current liabilities. O ABC has $3.50 of current liabilities for every $1.00 of current assets O ABC has $3.50 of current assets for every $10.00 of current liabilities O ABC has $35.00 of current assets for every $1.00 of current liabilities O ABC has $35.00 of current liabilities for every $1.00 of current assets ABC has $3.50 of current assets for every $1.00 of current liabilities Biotech company EFG conducts scientific research, and develops and produces a wide variety of medicines derived from living organisms, but mostly focuses on neurological applications. Because of the generally longer time span it takes biotech companies to create these products (compared to pharmaceutical companies), EFG's new CEO has required her financial staff to periodically determine how long-it takes EFG to meet its obligations. If the most recent figures for the average payment period indicate a ratio for the 2nd quarter of 2021 = 71.4, while it was 83.4 during the 1st quarter of 2021, and 85.9 during the last quarter of 2020, then that generally means O EFG is presently taking more time to repay its obligations. O EFG is presently taking less time to repay its obligations. OEFG is presently spending less in interest payments for its obligations. O EFG is presently taking the same amount of time to repay its obligations. O EFG is presently spending more in interest payments for its obligations. Radiology Clinic UVW reported a much higher collection period ratio for the fiscal year 2021 than in fiscal years 2020 and 2019. One of UVW's major donors, who read the report, interpreted the much higher figure for fiscal year 2021 to mean that UVW is taking less time on average to collect payments from payers (patients, insurers, etc.) after patient discharge. Is this true or false? All of the choices listed here are possible O True O False O Cannot tell based on the narrative alone To be considered tax-exempt, Hospital XYZ, as a non-profit healthcare corporation, must meet certain criteria set forth by which government organization? O Internal Revenue Service O Centers for Medicare and Medicaid Services US Supreme Court US Department of Commerce O US Department of Labor OUS Department of Health and Human Services