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