Please help these are for a grade! thank you!

The most recent data from the annual balance sheets of Free Spirit Industries Inc. and LeBron Sports Equipment Inc. are as follows: Balance Sheet December 31st (Millions of dollars) LeBron Sports Free Spirit LeBron Sports Equipment Inc. Industries Inc. Equipment Inc. Liabilities Free Spirit Industries Inc. Assets Current assets Current liabilities Cash $1,435 $922 Accounts $0 payable Accounts 525 338 Accruals 316 receivable Inventories Notes payable 1,687 1,540 3,500 990 2,250 1,793 2,109 1,687 Total current assets Total current liabilities Net fixed assets 2,578 2,063 Long-term bonds 2,750 2,750 Total debt 4,687 3,750 Net plant and equipment Common equity Common stock 813 1,016 547 Retained 437 earnings Total common 1,563 1,250 equity Total assets Total assets 6,250 6,250 5,000 5,000 Total liabilities 6,250 5,000 and equity , and its current ratio is ; LeBron Sports Equipment Inc.'s quick ratio is Free Spirit Industries Inc.'s quick ratio is , and its current ratio is . Which of the following statements are true? Check all that apply. Free Spirit Industries Inc. has less liquidity but also a greater reliance on outside cash flow to finance its short-term obligations than LeBron Sports Equipment Inc.. O 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. Free Spirit Industries Inc. has a better ability to meet its short-term liabilities than LeBron Sports Equipment Inc. An increase in the current ratio over time always means that the company's liquidity position is improving