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Identify the true statement(s): Select one: A. I can calculate a company's approximate tax rate by dividing the company's total amount of taxes as shown

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Identify the true statement(s): Select one: A. I can calculate a company's approximate tax rate by dividing the company's total amount of taxes as shown in the Income Statement by the earnings before taxes (EBT). B. A company with a very high level of cash, a high level of uncollectible accounts receivable and obsolete inventory runs the risk of having a lowered total asset turnover ratio. C. Reducing my company's interest expense and income taxes will improve my net profit margin but will have no impact on either my company's gross profit margin or operating profit margin. D. The FCC ratio is usually greater (higher) than the TIE. E. The FCC will equal the TIE in instances where a company has no operating leases

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