True or False

______ 6) Liquidity ratios indicate how fast a company can generate cash to pay bills. ______ 7) Financial ratios are exclusively used for those areas of business that involve investment decisions. ______ 8) The current ratio is a harder test of a firms liquidity than the quick ratio. ______ 9) As the interest rate increases, the interest rate factor for the present value of a dollar decreases. ______ 10) To determine the current value of six annual payments of $3,000 at 5%, you would use the present value of a dollar table. _____ 11) As you go further into the future, a given amount will have an increased present value.