QUESTION 8 The inventory turnover of a grocery store is expected to be higher than a car showroom. True False QUESTION 9 For ratio analysis non-audited financial statements can be used. True False QUESTION 10 A current ratio of 0.9 shows that a firm is facing liquidity shortage in short run. True False QUESTION 11 Sum of Net Income and common dividends is retained earns. True False Click Save and Submit to save and submit. Click Save All Answers to save all answers