Fitcom corporation's quick ratio and its current ratio ; jing foodstuffs inc.'s quick ratio and its current ratio which of the following statements are true? check all that apply. jing foodstuffs inc. has a better ability to meet its short-term liabilities than fitcom 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 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. compared to fitcom corporation, jing foodstuffs inc. has less liquidity and a lower reliance on outside cash flow to finance its short-term obligations. an increase in the current ratio over time always means that the company's liquidity position is improving. liquidity ratios most firms borrow money to finance some of their assets, and most will choose to borrow some long-term funds and some short-term funds. which group of lenders would put greater emphasis on a firm's liquidity ratio when evaluating a potential borrower? long-term lenders short-term lenders the most recent data from the annual balance sheets of fitcom corporation and jing foodstuffs inc. are as follows: fitcom corporation's quick ratio and its current ratio ; jing foodstuffs inc.'s quick ratio and its current ratio