Hold all other factors constant and indicate whether each of the following situations generally signals good or

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Hold all other factors constant and indicate whether each of the following situations generally signals good or bad news about a company:

a. Increase in current ratio

b. Decrease in inventory turnover

c. Increase in debt ratio

d. Decrease in interest-coverage ratio

e. Increase in return on sales

f. Decrease in earnings per share g. Increase in price/earnings ratio

\(\mathrm{h}\). Increase in book value per share

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Financial Accounting

ISBN: 9780133118209

2nd Edition

Authors: Charles T. Horngren, Jr. Harrison, Walter T.

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