Problem 26 Attempt 1/8 for 8 pts Part 1 Which of the following statements are true about liquidity ratios? Check all that apply 0 The inventory turnover ratio is a better measure of liquidity than the current ratio The quick ratio is also called the acid test ratio. 1 In contrast to the current ratio which includes all current assets in the numerator, the quick ratio includes only cash, cash equivalents and receivables Liquidity ratios indicate the ability of the company to avoid insolvency in the short run. Submit