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Firm increased their profits through the reduction of cost of good sold. What affect would that have on the following ratios: (Increase, Decrease or No
Firm increased their profits through the reduction of cost of good sold. What affect would that have on the following ratios:
(Increase, Decrease or No effect)
A) Times Interest Earned Ratio
B) Debt Ratio
C) Debt to Equity Ratio
D) Debt to Tangible Networth Ratio
please explain how it increased, decreased or didn't effect to get a positive review.
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