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Which of the following statements is incorrect? Buildings can be converted into cash very quickly only if large price concessions are given and therefore we can say that buildings are less liquid assets. EBIT does not really reflect the cash that is available to pay the firm's interest expense because a noncash expense, depreciation, has been subtracted in the calculation of EBIT. All the answers are correct except one. Financial ratios are an analyst's microscope allowing them to get a better view of the firm's financial health than just looking at the raw financial statements. Creditors are not particularly concerned with a firm's ability to pay its bills becase if the firm goes banktrupt, the creditors can recover all their money