true or false questions:

q1) in terms of liquidity, it is to management's advantage to show investments on the financial markets under investments instead of marketable securities.

q2) equity earnings are excluded from earnings for the times interest earned coverage.

q3) for whatever industry, the operating cycle is the time between the acquisition of finished goods and the realization of cash from selling them.

q4) as with the debt ratio and the debt/equity ratio, from a long-term, debt-paying ability view, the lower the debt ratio, the better for the company.

COURSE NAME : Financial statement analysis (by CHARLES H. GIBSON)