Which of the following ratios is most useful in evaluating liquidity? Multiple Choice Acid-test ratio. Reun on eauty Return on equity. Profit margin ratio. Asset turnover. How many of the following transactions would increase total llabilities in the current period?! Pay for advertising that will not occur until the following period. . Collect cash from customer prior to providing service. Incur, but not pay, utilities cost in the current period. Order supplies that have not yet been received. Multiple Choice o One. o Two. o Three. C Four. Given the items below, which of the following is an addition to net income to arrive at operating cash flows using the Indirect method? I. Loss on sale of assets II. Increase in Supplies III. Increase in Accounts Payable IV. Increase in Accounts Receivable Multiple Choice o Land III. o o and IV. o and