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Which of the following statements is false? A high inventory turnover ratio may indicate that a firm is not managing inventory efficiently and may have
Which of the following statements is false?
A high inventory turnover ratio may indicate that a firm is not managing inventory efficiently and may
have obsolete stock.
The cash ratio is used to evaluate the liquidity of a firm.
A high priceearnings PE ratio may indicate that a firm is expected to grow significantly.
A commonsize balance sheet helps financial managers determine if changes are occurring in a firm's
mix of assets.
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