Gross Profit Margin is a measure of the profit percentage per dollar of sales T or F

The Debt to Asset ratio measures the extent to which borrowed funds have been used to finance T or F

the acquisition of assets

Normally, an analyst would believe that a garment company with a current ratio T or F

of $3$ to $1$ was in serious liquidity trouble

Inventory Turnover is computed by dividing cost of goods sold by total assets T or F

Normally a relatively low Inventory Turnover is desirable T or F