Most firms borrow money to finance some of their assets, and most will choose to borrow some long-term funds and some short-term funds. Which group of lenders would put greater emphasis on a firm's liquidity ratio when evaluating a potential borrower? Short-term lenders Long-term lenders The most recent data from the annual balance sheets of Fitcom Corporation and Zebra Paper Corp. are as follows: Balance Sheet December 31st (Millions of dollars) Zebra Paper tcom Zebra Paper Fitcom Corp. Corporation Corp. Corporation Liabilities Current liabilities Current assets $3,505 Accounts payable $5,453 Cash 1,202 Accounts receivable 1,995 1,283 Accruals 3,762 Notes payable 6,813 6,412 5,852 Inventories 8,550 Total current liabilities 13,300 8,015 6,412 Total current assets 7,838 Long-term bonds 9,797 Net fixed assets 17,812 14,250 10,450 10,450 Total debt Net plant and equipment Common equity Common stock 3,860 3,088 Retained earnings 2,078 1,662 Total common equity 5,938 4,750 19,000 Total liabilities and equity 19,000 23,750 23,750 Total assets