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QUESTION 17 Which of the following statements is true? O A. Profit margin is calculated by dividing total assets by sales. OB. Return on Equity

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QUESTION 17 Which of the following statements is true? O A. Profit margin is calculated by dividing total assets by sales. OB. Return on Equity rises if equity increases and net income remain constant. OC. A 10% increase in cash will lead to a greater Cash Ratio OD. The current ratio increases if the current liabilities increase QUESTION 19 Which of the following statements is true? O A. The DuPont Identity is used to calculate Return on Assets. OB. A company can imporve their P/E ratio by improving their EPS. OC. A Market to Book ratio greater than 1 always means the stock is undervalued. O D. All of the statements are false

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