Question
Which of the following statements concerning financial ratios are correct? Select three statements. Assume that other financial ratios remain constant A. An increase in Accounts
Which of the following statements concerning financial ratios are correct? Select three statements. Assume that other financial ratios remain constant
A. An increase in Accounts payable days will cause a decrease in the company's Cash conversion cycle. | |
B. An increase in Asset turnover will cause a decrease in the company's ROE. | |
C. An increase in Profit margin will cause an increase in the company's ROE. | |
D. An increase in Inventory days will cause an increase in the company's Cash conversion cycle. | |
E. An increase in Inventory turnover will cause a decrease in the company's Asset turnover. | |
F. An increase in Financial leverage will cause a decrease in the company's ROE. |
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