Which of the Following Statements Is Most Correct

Multiple Choice

Which of the following statements is most correct?

A) Using cash to purchase inventories will increase a company's quick ratio and reduce its current ratio.
B) Using cash to purchase inventories will reduce a company's quick ratio and increase its current ratio.
C) If a company's total assets turnover ratio exceeds the industry average, and yet its fixed assets turnover ratio is below the industry average, this suggests that the company has excessive current assets (more than the industry average) .
D) Answers b and c are correct.
E) None of the answers above is correct.