Part 1 Attempt 1/2 for 10 pts. Which of the following statements are correct? Check all that apply: Over the years, the debt-to-asset ratio of Aqua Industries is declining. This means the company will be viewed as having improved creditworthiness. Higher receivables turnover is desirable. Pato Industries has an equity multiplier of 1.6 compared with the industry average of 1.7. This means the company has better than average solvency compared to other firms in its industry. The higher the debt-to-equity ratio, the higher the financial risk for a firm