Which of the following statements concerning the current ratio is not true? Oa. Companies can window-dress their current ratios Ob. In isolation the current ratio has little meaning. Oc. It is a good indicator of solvency of a company Od. It is always larger than the acid-test (quick) ratio QUESTION 22 Which of the following does not represent future expected cash inflows? Oa. Prepaid expenses Ob. Accounts receivable Oc. Notes receivable Od. Inventory QUESTION 23 Use the following information to answer Questions 23-25 Sellograph Corporation reports sales of $10 million for Year Accounts receivable Inventory 2, with a gross profit margin of 40%. 20% of Sellograph's sales are on credit. Year 1 $ 150,000 900,000 1,100,000 Year 2 $ 170,000 1,000,000 1,200,000 Accounts payable Accounts receivable days outstanding at the end of Year 2 is Oa. 324 days Ob.25.3 days Oc 36.2 days Od. 28.8 days