Most decision makers and analysts use five groups of ratios to examine the different aspects of a company's performance. Indicate whether each of the following statements regarding financial ratios is true or false.

$\backslash$table$[[$Statement$,$True,False$],[$A company exhibiting a high liquidity ratio is likely to have enough resources to pay off its short$-$term obligations.,$(,],[\backslash$table$[[$Asset management or activity ratios provide insights into management's efficiency in using a firm's working capital and long$-$term$],[$assets$.]],0,],[\backslash$table$[[$Debt or financial leverage ratios help analysts determine whether a company has sufficient cash to repay its short$-$term debt$],[$obligations$.]],0,],[\backslash$table$[[$One possible explanation for an increase in a firm's profitability ratios over a certain time span is that the company's income has$],[$increased$.]],$O$,],[\backslash$table$[[$Market value or market based ratios help analysts figure out what investors and the markets think about the firm's growth$],[$prospects or current and future operational performance.$]],0,]]$