Explain why increases in earnings per share, price-earnings, and current ratios are considered to be signs of

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Explain why increases in earnings per share, price-earnings, and current ratios are considered to be signs of improvement in a company's financial health, but an increase in the debt to total assets ratio is considered to be a sign of deterioration.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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