Which of the following statement is true: i) Liquidity ratios measure the ability of the firm to pay its short-term obligation ii) Profitability ratios, which show the state of the companys financial performance or how well its generating profits. iii) Activity ratios may be used to analyze how well a company is managing its assets iv) Leverage ratio is the Company's ability to pay its long-term debts. Select one: a. Only option i, iii and iv are true