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21. Gross Margin is the income from revenue after deducting the cost of goods sold (true/false) 22. A balance sheet covers a period of time
21. Gross Margin is the income from revenue after deducting the cost of goods sold (true/false)
22. A balance sheet covers a period of time (true/false)
23. Retained Earnings is the total amount of cash deposited since inception (true/false)
24. Days Sales Outstanding (DSO) calculates the average amount of time a company takes to collect their accounts receivable (true/false)
25. Debt to assets ratio shows how much of the companys assets have been funded by debt (true/false)
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