The going-concern assumption states that the: Multiple Choice company's results will be reported in a consistent manner from period to period. company is not expected to go out of business in the near future. company is a separate concern from the shareholders. x company will always maximize the profit for shareholders. If an analyst wanted to examine a company's long-run ability to survive, which of the following would best be considered? Multiple Choice Market share Solvency Profitability X Liquidity Based on the following information, calculate the debt-to-assets ratio. Net sales revenue Expenses Interest Income tax expense Net cash from operations Assets end of current year Liabilities end of current year Shareholders' equity end of current year Assets end of previous year Shareholders' equity end of previous year Common shares outstanding Current market price of shares $900,000 $500,000 $10,000 $90,000 $290,000 $600,000 $100,000 $500,000 $590,000 $490,000 40.000 shares $15 per share Multiple Choice 0.17 Multiple Choice O 0.17 () 0.20 0.67 0.33 An increase in the inventory turnover rate is indicative of: Multiple Choice an increase in the supply of inventory. X an increase in sales revenue. a decrease in the cost of goods sold. a decrease in the supply of inventory. If net income is increasing, but both sales and the gross profit percentage remain the same, then: Multiple Choice operating expenses are decreasing. cost of goods sold is decreasing. X cost of goods sold is increasing. operating expenses are increasing