Use the following information for the question(s) that follow.
Patco and Ramsco are competitors in the same industry and have the following ratios.
-Based on the information above, we can conclude that
A) Ramsco is using leverage more aggressively than Ramsco.
B) Ramsco is more liquid than Ramsco.
C) Ramsco is using assets more efficiently than Ramsco.
D) Ramsco is reinvesting a higher percentage of its earnings in the business than Ramsco.
Correct Answer:
Verified
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