Please help me to answer these questions thanks.

1. Ratios are useful for

a) Investors to evaluate the value of the firm. b) Managers to help evaluate the future as well as an attempt to gauge how to correct current deficiencies. c) Bankers to evaluate the ability of the firm to maintain certain levels of debt and interest. d) The owners to develop incentive programs that encourage management to impact specific ratios. e) All of the above. f) None of the above.

2. All else being equal, which of the following will increase a companys current ratio?

a) An increase in accounts receivable. b) An increase in accounts payable. c) An increase in net fixed assets. d) Statements a and b are correct. e) All of the statements above are correct.

3. The inventory turnover ratio is representative of which of the following:

a) A measure of how effectively the firm is managing its inventory. b) The number of times inventory is sold and restocked during the year. c) The total value of all inventory sold. d) The number of times that accounts receivable is turned over during the year. e) Choices a and b only f) All of the above.

4. Financial leverage is indicative of the proportion of the firm that is financed by

a) expenses b) assets c) revenue d) liabilities (debt) e) None of the above.

10. Which of the following statements is most correct?

a) Many large firms operate different divisions in different industries, and this makes it hard to develop a meaningful set of industry benchmarks for these types of firms. b) Financial ratios should be interpreted with caution because there exist seasonal and accounting differences that can reduce their comparability. c) Financial ratios should be interpreted with caution because it may be difficult to say with certainty what is a good value is neither high nor low. d) Ratio analysis facilitates comparisons by standardizing numbers. e) All of the statements above are correct.