Which of the following statements is incorrect? a. Current assets are expected to be converted into cash sooner than noncurrent assets. b. Equity investors have unlimited downside exposure if the company declares bankruptcy c. Paid-in capital of company is not affected by the payment of dividends. d. Retained earnings at the inception of a company equals zero. Question 9 Which of the following statements concerning financial ratios is incorrect? a. Accounting principles and methods used by a company will not affect financial ratios. b. The informational value of a ratio in isolation is limited. c. A ratio is one number expressed as a percentage or fraction of another number. d. Calculation of financial ratios is not sufficient for a complete financial analysis of a company