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ASAP 14) Earnings per share is a (4pts) O trending ratio. liquidity ratio. 0 profitability ratio. solvency ratio 15) Net cash provided by operating activities
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14) Earnings per share is a (4pts) O trending ratio. liquidity ratio. 0 profitability ratio. solvency ratio 15) Net cash provided by operating activities takes into account that a company must invest in capital expenditures just to maintain its current level of operations. True False 16) The monetary unit assumption states that transactions that can be measured in terms of money should be recorded in the accounting records. True False 17) Kingery Corporation has current assets of $1,800,000 and current liabilities of $750,000. If they pay $350,000 of their accounts payable what will their new current ratio be? 3.6:1 2.0:1 2.4:1 4.5:1 Step by Step Solution
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