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Which of the following statements is true? Select one: O a. Dividends appear as an expense on the Income Statement O b. The Return on

Which of the following statements is true? Select one: O a. Dividends appear as an expense on the Income Statement O b. The Return on Equity ratio is more important than the Return on Assets ratio O c. A reduction in the Cost of Goods Sold will cause an increase in the Times Interest Earned Ratio O d. Income Statements are always prepared for a 1 year period

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