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Which of the following statement is most accurate? a . A firm with higher ROE is more profitable b . Having more cash sales will
Which of the following statement is most accurate? a A firm with higher ROE is more profitable b Having more cash sales will likely lead to decrease in receivables turnover c A firm with a higher ratio is more profitable d A firm with higher ratio has higher likelihood of bankruptcy e A firm with current ratio more than one may have trouble paying off its shortterm debts next year
Which of the following statement is most accurate?
a A firm with higher ROE is more profitable
b Having more cash sales will likely lead to decrease in receivables turnover
c A firm with a higher ratio is more profitable
d A firm with higher ratio has higher likelihood of bankruptcy
e A firm with current ratio more than one may have trouble paying off its shortterm debts next year
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