Belden Company has a profit margin ratio of 10%. This means that for every dollar of net sales the company makes, it generates ten dollars in net income.

Group of answer choices

True

False

The total assets dollar amount is typically used as the base for a common-size balance sheet analysis.

Group of answer choices

True

False

Companies with higher inventory turnover ratios tend to have lower inventory costs, including lower inventory storage and insurance costs, than companies with lower inventory turnover ratios.

Group of answer choices

True

False

Times interest earned indicates the company's ability to cover its interest expense related to long-term debt with current period earnings..

Group of answer choices

True

False

On a common-size balance sheet, current liabilities should be stated as a percentage of:

Group of answer choices

total assets.

total liabilities.

total long term liabilities.

None of the answer choices is correct.