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 N8B Equipment C0. and Scramouche Goern Co. ere as follows: Complete the following table by entering the values of the current and quick ratios for NBB Equipment Co. and Scramouche Opera Co. (Hint: Round to two decimal places.) Which of the following statements are true? Check all that apply. Scramouche Opera Co, has a better ability to meet its short-term liabilities than N\&B Equipment Co. A current ratio of 1 indicates that the book value of the company's current assets is equal to the book value of its current liabilities. If a company has a quick ratio of less than 1 but a current ratio of more than 1 and if the difference between the two ratios is large, then the company depends heavily on the sale of its inventory to meet its short-term obligations. Compared to NBB Equipment Co., Scramouche Opera Co. has less liquidity and a lower reliance on outside cash flow to finance its short. term obligations. An increase in the current ratio over time always means that the company's liquidity position is improving. One of the most important assumptions behind the calculation of the quick ratio is that the firm's accounts receivable cash within the time period for which credit was granted. be converted into