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QUESTION 19 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 19 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 20 In the month of February Concord Airlines expects a total cash receipt of 115 and a total cash disbursements (payments) of 436. The ending cash balance of January was 58. The company will take a loan in case the minimum desired cash balance of 500 BD is not met. Based on this information what is the loan amount for the month of February

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