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Key ratios for the Acme Company are as follows: Ratio 2015 2014 2013 2012 2011 Ind. Ave. Current Ratio 1.6 1.7 1.8 1.9 2.0 2.1

Key ratios for the Acme Company are as follows: Ratio 2015 2014 2013 2012 2011 Ind. Ave. Current Ratio 1.6 1.7 1.8 1.9 2.0 2.1 Quick ratio 1.6 196 1.7 1.8 1.9 2.0 2.1 Cash Ratio 1.2 1.3 1.4 1.5 1.7 1.6 TIE 4.6 4.8 4.8 4.9 5.0 4.4 Debt Ratio (in %) 52.2 50.1 48.8 44.4 43.4 43.3 Identify the true statement: Select one: OA. The TIE indicates that the company may have trouble paying its debt obligations OB. The TIE indicates that NOI for the company is likely increasing OC. The TIE indicates that interest payments are likely decreasing O D. All of the above are true O E. All of the above are false Key ratios for the Acme Company are as follows: Ratio 2015 2014 2013 2012 2011 Ind. Ave. Current Ratio 1.6 1.7 1.8 1.9 2.0 Quick ratio 1.6 1.7 1.8 1.9 2.0 2221 2.1 2.1 Cash Ratio 1.2 1.3 1.4 1.5 1.7 1.6 TIE 4.6 4.8 4.8 4.9 5.0 4.4 Debt Ratio (in %) 52.2 50.1 48.8 44.4 43.4 43.3 Identify the true statement: Select one: OA. The company's level of debt has decreased O B. The company is under-leveraged OC. Acme is now more reliant on debt than equity over the past two years O D. All of the above are true O E. All of the above are false

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