Question 38( pont You calculate a current ratio of 1.3 for international Food Corp. and you find that the Industry average is 2.1. Which of the following statements is or could be correct! of the company holds large levels of Inventory, the company may soon have problems to pay its short-term obligations when they are due All of the answers are correct The low current ratio may be of minor concern the company is the only company in the industry that appliest time with respect to their inventory To get a better picture of the liquidity situation of the company you should also calculate the quick to The company has a erguidity level than the industry