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Which of the following statements in CORRECT? Select one A drop in the inventory tumover ratio means the firm it is doing better with its
Which of the following statements in CORRECT? Select one A drop in the inventory tumover ratio means the firm it is doing better with its inventory management. b. W the days sales outstanding (DSO) ratio is increasing this suggests that the firm is having problems collecting on ts accounts receivable c. It is better to have a low current ratio than a high one as a low ratio means the firm has less current assets and therefore lower financing costs. d the fixed assets turnover ratio is much lower than its industry average, this could indicate that the firm is very good with using fixed assets e. The higher the debt ratio, the less nsky the firm In 2018 PacWest Ltd. had a Total Assets Turnover ratio of 1.4 and an Equity Multiplier of 1.5. Its 2018 Sales were $463886 and its Net Income was $26910 What was the Return on Equity (ROE) for 2018
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