Which one of the following statement is/are correct? (i) Quick Ratio is considered better than Current Ratio as a measure of liquidity position of…

Which one of the following statement is/are correct ? (i) Quick Ratio is considered better than Current Ratio as a measure of liquidity position of business. (ii) Debt-equity ratio measures the short term solvency of the business. (iii) Interest Coverage Ratio reveals the number of times interest on long term debts is covered by the profits available for interest.

ratios are calculated for measuring the efficiency of operations of business based on effective utilization of resources.