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Which of the following is true? If a firm's total asset turnover ratio is 1.0, its annual sales are greater than its total assets. If
Which of the following is true? If a firm's total asset turnover ratio is 1.0, its annual sales are greater than its total assets. If a firm's quick ratio is 2.0, it is possible for its current ratio to be larger than 2.0. Positive earnings always indicate positive EVA (economic value added). When the times interest earned ratio is larger than 1.0, the viability of the firm is threatened because the firm does not generate sufficient earnings to make interest payments when due
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