Which one of the following is correct. (i) Liquidity ratios measure's long term solvency of a concern. (ii) Inventory is a part of liquidity assets. (iii) Rule of thumb for acid test ratio is 2 : 1 (iv) The amount of gross assets is equal to net capital employed.

• A. (i), (ii) and (iv)
• B. (ii), (iii) and (iv)
• C. (i), (ii), (iii) and (iv)
• D. None of the above