Which of the following statements are true? Check all that apply. N&B Equipment Company has less liquidity but also a greater reliance on outside cash flow to finance its short-term obligations than Scramouche Opera Company. 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. N&B Equipment Company has a better ability to meet its short-term liabilities than Scramouche Opera Company. An increase in the current ratio over time always means that the company’s liquidity position is improving.