Pellegrini South Corporation's current ratio is

Pellegrini Southern Corporation's current ratio is and its quick ratio is and its quick ratio is ; Jing Foodstuffs Corporation's current ratio is Note: Round your values to four decimal places. Which of the following statements are true? Check all that apply. Pellegrini Southern Corporation has less liquidity but also a greater reliance on outside cash flow to finance its short-term obligations than Jing Foodstuffs Corporation. If a company's current liabilities are increasing faster than its current assets, the company's liquidity position is weakening. 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. Pellegrini Southern Corporation has a better ability to meet its short-term liabilities than Jing Foodstuffs Corporation. An increase in the current ratio over time always means that the company's liquidity position is improving. Jing Foodstuffs Corporation Balance Sheet December 31" (Millions of dollars) Pellegrini Southern Jing Foodstuffs Corporation Corporation Liabilities Assets Pellegrini Southern Corporation Current assets Current liabilities Cash $574 $369 Accounts $0 $0 Accounts 210 135 payable Accruals receivable Inventories 127 0 616 Total current $1,400 396 $900 717 675 assets $844 $675 Net fixed Notes payable Total current liabilities Long-term bonds assets 1,031 825 Net plant and equipment 1,100 1,100 Total debt $1,875 $1,500 $406 $325 219 175 Common equity Common stock Retained earnings Total common equity Total liabilities and equity $625 $500 Total assets $2,500 $2,000 $2,500 $2,000