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The 4 blank spaces are number answers. Then I just need to know what boxes to check off for true statements. The most recent data

The 4 blank spaces are number answers. Then I just need to know what boxes to check off for true statements.image text in transcribedimage text in transcribed

The most recent data from the annual balance sheets of Pellegrini Southern Inc. and Zebra Paper Corp. are as follows: Balance Sheet December 31st (Millions of dollars) Zebra Paper Pellegrini Zebra Paper Pellegrini Corp. Southern Corp. Southern Inc. Inc. Assets Liabilities Current assets Current liabilities $287 105 308 700 $0 63 359 422 515 937 Cash Accounts receivable Inventories $184Accounts payable $0 68 198 450 Accruals 337 337 413 750 Notes payable Total current assets Net fixed assets Net plant and equipment Total current liabilities Long-term bonds 550 550 Total debt Common equity 203 110 313 1,250 163 87 250 1,000 Common stock Retained earnings Total common equity Total liabilities and equity Total assets 1,250 1,000 Zebra Paper Corp.'s quick ratio is Pellegrini Southern Inc.'s quick ratio is and its current ratio is and its current ratio is Which of the following statements are true? Check all that apply. Pellegrini Southern Inc. has less liquidity but also a greater reliance on outside cash flow to finance its short-term obligations than Zebra Paper Corp. 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 An increase in the quick ratio over time usually means that the company's liquidity position is improving and that the company is managing its short-term assets well. Pellegrini Southern Inc. has a better ability to meet its short-term liabilities than Zebra Paper Corp An increase in the current ratio over time always means that the company's liquidity position is improving

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