Which of the following statements are correct? Check all that apply: Pato Industries has an equity multiplier of 1.6 compared with the industry average of 1.7. This means the company has better than average solvency compared to other firms in its industry. Higher receivables turnover is desirable. The higher the debt-to-equity ratio, the higher the financial risk for a firm. Over the years, the debt-to-asset ratio of Aqua Industries is declining. This means the company will be viewed as having improved creditworthiness