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Which of the following statements about the balance sheet accruals ratios for Tall Company and Short Company are most accurate? 2008 2007 Tall 9.7% 14.2%
Which of the following statements about the balance sheet accruals ratios for Tall Company and Short Company are most accurate?
2008 | 2007 | |
Tall | 9.7% | 14.2% |
Short | 6.9% | 3.7% |
A) Shorts earnings quality is improving.
B) Talls earnings quality is deteriorating.
C) Talls earnings quality is lower as compared to Shorts.
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