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Of the following statements, which is true? A company with a total debt ratio of 0.6 relies more on debt than equity None are Correct
Of the following statements, which is true?
A company with a total debt ratio of 0.6 relies more on debt than equity
None are Correct
For companies with large amounts of inventory, the quick ratio should be a larger figure than the current ratio
A company with negative net working capital would have more current assets than current liabilities and should, therefore, have no trouble paying it's bills.
A current ratio of 2.0 indicates that the current liabilities are twice as big as current assets
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