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Company A has a current ratio of 1.5 and Company B has a current ratio of 3: A) Company B has twice as many assets
Company A has a current ratio of 1.5 and Company B has a current ratio of 3:
A) | Company B has twice as many assets as A. |
B) | Company A has twice as many assets as B. |
C) | Company A has a greater ability to pay bills than B. |
D) | Company B has a greater ability to pay bills than A.
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ANSWER____________
19. Company As net sales are $150,000 and Cost of Goods Sold are $100,000. The Gross Profit Margin is:
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