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Zebra Paper tcom Zebra Paper Fitcom Corp. ablires Current llabilities so Cash $2,952 Accounts payable 1,013 5,737 6,750 8,250 15,000 1,080 Accruals 1,680 4,928 11,200 Accounts receivable Notes payable Total current liabilities Long-term bonds 168 5,400 7,200 Total current assets Net fixed assets Net plant and equipment 6,600 12,000 8,800 8,800 Total debt Common equity 2,600 3,250 Retained earnings Total common equity Total liabilities and equity 750 5,000 20,000 Total assets 20,000 16,000 Enter the values of the current and quick ratios for Fitcon Corporation and Zebra Paper Corp. Ratio Fitcom Zebra Paper Which of the following statements are true? Check all that apply has a better ability to meet its short-term liabilities than itcom Corporation. of 1 Indicates that the book value of the company's current assets is equal to the book value of its current A current ratio liabilities If a company has a quick ratio of less than 1 but a current rati compared to Fitcom Corporator An increase in the current ratio over time always means that the company's liquidity position is i o of more than 1 and if the difference between the two ratios is arge, then the company depends heavily on the sale of its inventory to meet its short-term obligations. n, Zebra Paper Corp. has less liquidity and a lower reliance on outside cash flow to finance its short-term obligations