The comparability of the individual investor's ratio computations with industry averages is reduced by the age of industry averages.
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Q41: The net profit margin increases as the
Q48: Firms with too much debt are undercapitalized.
Q51: If the ratio of debt to equity
Q59: Lower cash flow may be the result
Q67: The quick ratio
A)excludes accounts payable
B)excludes accounts receivable
C)includes
Q71: The current ratio is unaffected by
A)using cash
Q84: Activity ratios measure
A) how rapidly assets flow
Q85: Coverage ratios measure a firm's
A)ability to use
Q88: As the debt ratio increases,
1. fewer assets
Q94: As times-interest-earned increases,
A)bondholders' position deteriorates
B)net income decreases
C)interest
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