QUESTION 12 ratio shows the firm's short term liquidity situation Ratio Analysis uses Statements; and Ratios and the a. Discount; are good and bad; ROA O b. Historical; are good and bad; ROE O c. Pro-Forma; indicate symptoms and not causes; Current Ratio adversarial; not often understood; Fixed Asset Turnover QUESTION 13 Milley will loan you $4,000 for 4 years if you will pay her back $4,700 in 4 years. Larry will loan you $5,000 for 5 years if you will pay him back $6,500 in 5 years. You would chose the loan from because Milley; her interest rate of 4.11% is lower than Larry's 5.39% Larry; his interest rate of 5.39 is lower than Milley's 6,01% Milley, her interest rate of 3.27%% is lower than Larry's 3.54% Larry, his interest rate of 5.21% is lower than Milley's 5.32%