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Afirm's current ratio changed from 1.4 times in the previous year to 1.6 times this year. Concluding that the firm's liquidity improved s 14.3% True

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Afirm's current ratio changed from 1.4 times in the previous year to 1.6 times this year. Concluding that the firm's liquidity improved s 14.3% True False Question 7 ( 2 Points A firm that has no debt will have its ROA equal to its ROE. True False Question 8 ( 2 Points Cash flows from operating activities relate to the buying and selling of long-term assets. True Question 9 2 Points For agen share price of a firm's stock the lower the EPS the lower the price-carnings ratio True

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