Question 9 1 pts Consider the following ratios and choose the appropriate managerial strategy below: Fixed Asset Newness ratio of 62%, Current Ratio of 1.7 Days of Cash at 19 days Debt to Equity 2.8 This company has very old equipment, but they have the cash to purchase new equipment This company has too much debt, so new equipment is a poor choice This company has very new equipment and a very good cash position O Equipment doesn't have anything to do with the financial Information provided