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If the only information you are given about Ryan Corporation, a large public company in business for many years, is that it has a current
If the only information you are given about Ryan Corporation, a large public company in business for many years, is that it has a current ratio of 2.9, what could you infer from this? A. It can likely meet its short-term obligations without difficulty. B. Nothing, you would also need the current ratio's from the last few years of the S&P 500 Index. C. You could determine that Ryan has too much liquidity because the average current ratio among firms in Ryan's industry is 2.0. OD. You could determine that Ryan is running a great risk that it will not be able to pay short-term liabilities when they come due. Net profit after taxes is O A. sales revenue minus cost of goods sold B. EBITDA minus interest O C. EBIT minus interest and taxes O D. gross profits minus operating expenses A firm's year-end retained earnings balances are $670,000 and $560,000, for 2018 and 2019 respectively. The firm paid $10,000 in dividends in 2019. The firm's net profit after taxes in 2019 was O A. - $110,000 B. $100,000 O C. - $100,000 OD. $110,000
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