Zebra Paper Pellegrini Zebra Paper Pellegrini Corp Southern Corp Southern Inc Inc Assets Liabilities Current liabilities Current asset Cash Accounts receivable Inventories $2,009 735 2,156 4,900 $1,291 Accounts payable $0 443 2,510 2,953 3,609 6,562 $0 473 Accruals 1,386 3,150 Total current liabilities Notes payable Total current assets Net fixed assets Net plant and equipment 2,362 2,362 2,888 5,250 Long-term bonds 3,850 3,850 Total debt Common equity Common stock 1,422 766 2,188 8,750 1,138 612 1,750 7,000 Retained earnings Total common equity Total assets 8,750 7,000 Total iabilities and equity Pellegrini Southern Inc.'s quick ratio is and its current ratio is , and its current ratio is ; Zebra Paper Corp.'s quick ratio is Which of the following statements are true? Check all that apply Pellegrini southern Inc. has less liquidity but also a greater reliance on outside cash flow to finance its short-term obligations than Zebra Paper Corp A current ratio of 1 indicates that the book value of the company's current assets is equal to the book value of its current liabilities An increase in the quick ratio over time usually means that the company's liquidity position is improving and that the company is managing its short-term assets well Pellegrini Southern Inc. has a better ability to meet its short-term liabilities than Zebra Paper Corp An increase in the current ratio over time always means that the company's liquidity position is improving