Which of the following statements is correct?
A. Having a high current ratio and a high quick ratio is always a good indication that a firm is managing its liquidity position well.
B. A decline in the inventory turnover ratio suggests that the firm's liquidity position is improving.
C. If a firm's times-interest-earned ratio is relatively high, then this is one indication that the firm should be able to meet its debt obligations.
D. Since ROA measures the firm's effective utilization of assets (without considering how these assets are financed), two firms with the same EBIT must have the same ROA.
E. If, through specific managerial actions, a firm has been able to increase its ROA, then, because of the fixed mathematical relationship between ROA and ROE, it must also have increased its ROE.