Use the following information for Ace Retailers to answer the question All of the following statements are true with regard to Ace Retailers except: The firm has enough cash flow to cover current liabilities The decline in the cash flow from operations amount from 2015 to 2016 explains the negative cash conversion cycle. Overall, Ace Retailers has good cash management and short term liquidity does not appear to be a concern for the firm. Current assets are greater than current liabilities in both 2016 and 2015