-Which of the following asset classes is generally considered to be the most liquid Cash O Inventories Accounts receivable The most recent data from the annual balance sheets of Pellegrini Southern Inc. and Scramouche Opera Company are as follows Balance Sheet December 31st (Millions of dollars) Scramouche Pellegrini Scramouche Pellegrini Opera Company Opera Company Southern Southern Inc. Inc. Liabilities Current liabilities Assets Current assets 1,107 Accounts payable $1,722 630 1,848 4,200 Cash $0 405 Accruals 1,188 2,700 Total current liabilities 380 2,151 2,531 3,094 5,625 Accounts receivable Notes 2,025 2,025 2,475 4,500 payable Total current assets Net fixed assets Net plant and equipment Long-term bonds 3,300 3,300 Total debt Common equity 1,219 656 1,875 7,500 975 525 1,500 6,000 Common stock Retained earnings Total common equity Total liabilities and equity Total assets 7,500 6,000 Pellegrini Southern Inc.'s quick ratio is and its current ratio is Scramouche Opera Company's quick ratio is and its current ratio is Which of the following statements are true? Check all that apply scramouche Opera Company has a better ability to meet its short-term liabilities than Pellegrini Southern Inc. 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 Compared to Pellegrini Southern Inc., Scramouche Opera Company has less liquidity and a lower reliance on outside cash flow to finance its short-term obligations. An increase in the current ratio over time always means that the company's liquidity position is improving