Question
True False 1. The current ratio is always greater than the quick ratio. True False 2. Depreciation expense is a cash flow item and should
True False 1. The current ratio is always greater than the quick ratio. True False 2. Depreciation expense is a cash flow item and should appear in the Income Statement. True False 3. Net Income can either be distributed to shareholders as dividends or retained in the firm as retained earnings.
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
