Which of the following asset classes is generally considered to be the most liquid? Inventories Cash Accounts Receivable The most recent data from the annual balance sheets of Pellegrini Southern Inc. and Zebra Paper Corp. are as follows: Pellegrini Southern Inc.'s current ratio is __, and its quick ratio is __; Zebra Paper Corp.'s current ratio is __, and its quick ratio is__. Round your values to four decimal places. Which of the following statements are true? Check all that apply. Zebra Paper Corp. has a better ability to meet its short-term liabilities than Pellegrini Southern Inc.. 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. 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., Zebra Paper Corp. 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