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Which of the following is TRUE regarding FINANCIAL STATEMENT ANALYSIS? O A. If the net profit margin is 10%, then for every dollar of revenue,
Which of the following is TRUE regarding FINANCIAL STATEMENT ANALYSIS? O A. If the net profit margin is 10%, then for every dollar of revenue, total costs would be $1.10 cents. B. Common-sizing the balance sheet and income statement adjusts for differences in the sizes of the companies involved. C. The total asset turnover ratio is a measure of a firm's liquidity D. When a firm finances more of its assets with equity, its equity multiplier will go up
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