Which of these is not a broad principle of cash management that helps ensure that a business remains solvent? 1. Select one: a Collect cash owing from accounts receivable as quickly as possible b. Pay accounts payable just before the due date rather than when the statement is first received C. Buy all capital equipment on hire purchase d. Invest any cash that is surplus to requirements to earn a return for the business How many of these ratios are used to evaluate long-term financial stability Debt ratio Equity ratio Capitalisation ratio Current ratio Acid test ratio Select one: a. 2 b. 3 c. 4 2. d. 5 Souvenirs Pty Ltd has a current ratio of 3:1 and current liabilities of S15 000. If Souvenirs Ltd has $10000 of inventory, what is the quick ratio? Select one: a. 2.25 to 1 b.2.00 to 1 c. 2.33 to 1 d. 150 to 1 3. World Consulting has the following data available: Sales 52000 000 Selling expenses 200 000 Prolit 400 OOO Using vertical analysis express selling expenses as a percentage of the base amount. Select one: a. 50 b. 20% C. 10% d. 125 4