I. The current ratio measures a company's ability to pay its short$-$term obligations with its current assets T or F

J$.$ The four classifications of ratio analysis are liquidity ratios, fixed asset ratios, profitability ratios and T or F

efficiency ratios

K$.$ The operating profit margin ratio measures the percentage of sales that is left over after deducting T or F

all operating expenses

L$.$ A low inventory turnover rate may indicate the company has too much inventory on hand T or F

M$.$ Risk is always associated with negative outcomes and never with positive opportunities T or F

N$.$ Uncertainty refers to situations where the outcomes are unknown and cannot be measured or quantified T or F

O$.$ The probability of loss is irrelevant when assessing risk in financial decisions T or F