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6. You are considering using days ratios as part of a financial statement analysis. Which two options make an accurate statement about days ratios? B.
6. You are considering using days ratios as part of a financial statement analysis. Which two options make an accurate statement about days ratios? B. Days fatios use information from both the balance sheet and the income statement to measure the turnover of assets and liabilities B. Days rtios indicate how efficiently a company manages its long-term assets and long-term liabilities C. Days ratios compare the amount of liquidity left after current liabilities are paid D. Days ratios can be used as indicators of liquidity since they establish the quality of the underlying asset
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