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Select the correct statement assume the following information: Firm A Industry Current Ratio 4.0 2.0 Quick Ratio 2.5 1.2 Net Profit Margin 2.5% 6.0% Total

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Select the correct statement assume the following information: Firm A Industry Current Ratio 4.0 2.0 Quick Ratio 2.5 1.2 Net Profit Margin 2.5% 6.0% Total Debt Ratio 20% 25% TIE ratio 0.5 3.0 Fixed Charge Coverage ratio 0.3 2.5 O Unless profitability increases, the company may have a difficult time paying interest and required financial payments. The firm's profitability of sales is excellent. The company will likely not be able to pay current liabilities. The company has used debt to finance a larger percentage of assets than the industry

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