Question
The following statements relate to the analysis and interpretation topic. Choose all of the statements that are false: The Gross Profit Margin Ratio will always
The following statements relate to the analysis and interpretation topic. Choose all of the statements that are false:
The Gross Profit Margin Ratio will always be higher than the Profit Margin Ratio.
It is impossible for the quick ratio and the current ratio to be the same amount for a trading entity.
The higher the debt ratio of an entity, generally the higher the financial risk.
Shareholders will always like the dividend payout ratio to be as low as possible.
An improvement in the days debtors ratio could result from shorter credit terms offered to customers.
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