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Question 7 2 pts Which of the following may be a limitation of financial statements? Subject to biases of management Provides no information on the

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Question 7 2 pts Which of the following may be a limitation of financial statements? Subject to biases of management Provides no information on the company's accounting methods Typically reflects the view of inherently unethical managers Communicates only market values and no historical information 2 pts D Question 8 Which of the following ratios would be of primary importance to a manager in evaluating the success of a new policy of reducing the stock of goods needed to meet customer demand? Total asset turnover Fixed assets turnover Receivables turnover Inventory turnover

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