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The following ratios have been provided for a company. Which of the statements below is a valid interpretation based on these ratios? Gross profit margin
The following ratios have been provided for a company. Which of the statements below is a valid interpretation based on these ratios? Gross profit margin Operating profit margin Current ratio Inventory days 20X3 38.8% 22.2% 4:1 27 20X4 40.2% 29.7% 3.2:1 32 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a The company's customers paid more quickly in 20x4 than in 20x3. b The company was more profitable in 20X4 than in 20x3. The company held inventory for longer in 20x3 than in 20X4. d The company has poor liquidity
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