Question: True or False: briefly explain your answer 1. the current ratio will never exceed the quick ratio 2. the quick ratio is a better measure

True or False: briefly explain your answer

1. the current ratio will never exceed the quick ratio

2. the quick ratio is a better measure of a firm's luquidity than the current ratio.

3. because total assets exceed net fixed assets, the total assets turnover must exceed the fixed asset turnover.

4. in general, a short DSO is a sign of efficient account recievable managment

5. leverage ratios measure how effciently the firm is employing its resources

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