Volition's current ratio is $q,$ and its quick ratio is $0\mathrm{.}75q,,$ whereas Brilliant's current ratio is $1\mathrm{.}66q,,$ and its quick ratio is $q,.$

Which of the following statements are true? Check all that apply.

As compared to Volition Corporation., Brilliant Industries has lesser liquidity and relatively greater reliance on outside cash flow to finance its short$-$term obligations.

An increase in the quick ratio over time usually means that the company's liquidity position is improving.

Brilliant Industries has a better ability to meet its short$-$term liabilities than Volition Corporation.

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.