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Which of the following statements about ratio analysis is true? a. Creditors may require hospitality businesses to maintain specific solvency ratios before they lend their
Which of the following statements about ratio analysis is true?
a. Creditors may require hospitality businesses to maintain specific solvency ratios before they lend their money.
b. Managers, creditors, and investors have the same purposes in using ratio analysis.
c. Managers always want to maintain high ratios.
d. Ratio analysis will both indicate your companys problems and solve the problems.
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