help please

A liquid asset can be converted quickly to cash with little sacrifice in its value. Which of the following asset dasses is generally considered to be the least liquid? Accounts recelvable Plant and equipment Inventories The most recent data from the annual balance sheets of Free Spirit Industries Corporation and LeBron Sports Equipment Corporation are as follows: Balance Sheet December 31=(Miltions of dollars) Free Spirit industries Corporation's current ratio is , and its quick ratio is ratio is , and its quick ratio is Note: Round your values to four decimal places. Which of the following statements are true? Check ail that appiy. Free Splrit Industries Corperation has less liquidity but also a greater reiance on outside cash flow to finance its short-term obligations than LeEron Sports Equipment Corporation. A current ratio of 1 Indicates that the book value of the company s current assets is equal to the book value of its curreot Nabilities. If a company bas a quick ratio of less than I but a curfent ratio of mere than 1 and if the difference between the two ratios is large, then the combany depends buavily ae the sale of its inventory to meet its shorteterm obdigations. Iree spout Indystries Cerporatioo has a better ability te me it its short-term llabiaties than tefiron 5 ports Equipment corporabian. An increase in the curreot ratio over tinse always means that the companys liquidity position is improving: A liquid asset can be converted quickly to cash with little sacrifice in its value. Which of the following asset dasses is generally considered to be the least liquid? Accounts recelvable Plant and equipment Inventories The most recent data from the annual balance sheets of Free Spirit Industries Corporation and LeBron Sports Equipment Corporation are as follows: Balance Sheet December 31=(Miltions of dollars) Free Spirit industries Corporation's current ratio is , and its quick ratio is ratio is , and its quick ratio is Note: Round your values to four decimal places. Which of the following statements are true? Check ail that appiy. Free Splrit Industries Corperation has less liquidity but also a greater reiance on outside cash flow to finance its short-term obligations than LeEron Sports Equipment Corporation. A current ratio of 1 Indicates that the book value of the company s current assets is equal to the book value of its curreot Nabilities. If a company bas a quick ratio of less than I but a curfent ratio of mere than 1 and if the difference between the two ratios is large, then the combany depends buavily ae the sale of its inventory to meet its shorteterm obdigations. Iree spout Indystries Cerporatioo has a better ability te me it its short-term llabiaties than tefiron 5 ports Equipment corporabian. An increase in the curreot ratio over tinse always means that the companys liquidity position is improving