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Question 1 1 pts Which of the following statement is correct? Net Profit Margin ratio measures profit remaining per dollar of sales after subtracting Cost

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Question 1 1 pts Which of the following statement is correct? Net Profit Margin ratio measures profit remaining per dollar of sales after subtracting Cost of Goods Sold, and it is a measure of cost control. O All the answers are incorrect. The average collection period ratio measures how many days, on average, the company take to pay their suppliers. O The quick ratio is equal to Current Assets minus inventory divided by the Current liabilities, and it is similar to the current ratio but is a more rigorous measure of liquidity because it excludes inventory from current assets. O Bondholders may use ratios to see what the long-term value of their stock will be

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