Mark: The following statements relate to financial ratios. Select all of the statements that are false. Select one or more: a. A Current Ratio that is the same value as the Quick (Acid-Test) Ratio indicates that a business has no inventory. b. A Dividend Payout Ratio can be greater than 100% if a business is using some of a prior year's retained earnings. c. If the Debt Ratio increases, it is possible for the Interest Coverage Ratio to also increase. d. An improvement in the Days' Debtors ratio may be the result of developing good relationships with credit customers. e. While the Days' Inventory ratio should be as short as possible, there is no average' or benchmark to aim for since it depends on what the business is selling The following statements relate to accounting in general. Select all of the statements that are correct. Select one or more: a. Business events may affect a business but generally can not be recorded. b. The size of a business may affect the type of accounting system they use. c. Since owner's drawings involve the use of personal funds, they are not recorded in the business records. d. The extended accounting equation demonstrates that income increases owner's equity, and expenses decrease owner's equity. e. Double-entry accounting implies that business transactions have a dual effect on the accounting equation