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Other things held constant, the more debt a firm uses, the lower the firm's operating margin will be. True False If a firm sold some

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Other things held constant, the more debt a firm uses, the lower the firm's operating margin will be. True False If a firm sold some inventory on credit, then its current ratio would probably not change much, but its quick ratio would decline. True False Debt management ratios show the extent to which a firm's managers are attempting to magnify returns on owners' capital through the use of financial leverage. True False

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