The following statements relate to the analysis and interpretation topic. Choose all of the statements that are true:

All entities should strive to achieve a days inventory ratio less than 30 days.

It is possible for the Equity Ratio to increase along with an increase in the Debt Ratio.

Shareholders will generally be pleased with an improvement in the Return on Equity ratio.

The Asset Turnover ratio considers how quickly assets are sold.

A Current Ratio that is very similar to the Quick Ratio would indicate a business does not hold much inventory.