The most recent data from the annual balance sheets of N&B Equipment Company and Scramouche Opera Company are as follows: N&B Equipment Company Assets Current assets Balance Sheet December 31 (Millions of dollars) Scramouche Opera N&B Equipment Scramouche Opera Company Company Company Liabilities Current liabilities $861 $553 Accounts 50 payable 315 Accruals 190 Cash 203 924 2,100 594 1,350 1,075 1,265 1,012 1,012 Accounts receivable Inventories Total current assets Net fixed assets Net plant and equipment Notes payable Total current liabilities Long-term bonds Total debt 1,547 2,812 1,238 2,250 1,650 1,650 610 328 262 Common equity Common stock Retained earnings Total common equity Total liabilities and equity 938 750 Total assets 3,750 3,000 3,750 3,000 N&B Equipment Company's current ratio is and its quick ratio is and its quick ratio is Scramouche Opera Company's current ratio is . Note: Round your values to four decimal places. Which of the following statements are true? Check all that apply. N&B Equipment Company has less liquidity but also a greater reliance on outside cash flow to finance its short-term obligations than Scramouche Opera Company. If a company's current liabilities are increasing faster than its current assets, the company's liquidity position is weakening. 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. N&B Equipment Company has a better ability to meet its short-term liabilities than Scramouche Opera Company An increase in the current ratio over time always means that the company's liquidity position is improving