Question 16 1 pts (TRUE or FALSE?) Total Asset Turnover Ratio = Total Equity/Total Assets. O FALSE O TRUE Question 17 1 pts (TRUE or FALSE?) Trend analysis compares past and present financial ratios to see how a firm has performed over time. FALSE O TRUE D Question 18 (TRUE or FALSE?) Trend analysis is concerned with the comparison of the same ratio for different firms at one point in time. O TRUE O FALSE D Question 19 1 pts (TRUE or FALSE?) When a business's debt ratios decrease significantly, bondholder and lender risk increases because more creditors compete for that firm's resources if the company runs into financial trouble. O TRUE O FALSE 1 pts (TRUE or FALSE?) When the investors have more confidence about the firm's future growth, then the higher P/E ratio is expected. O TRUE O FALSE