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) Patco is more financially conservative than Ramsco.
B) Patco is more liquid than Ramsco.
C) Patco is reinvesting a higher percentage of its earnings in the business than Ramsco.
D) Patco is using assets less efficiently than Ramsco.

Question

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) Patco is more financially conservative than Ramsco. 
B) Patco is more liquid than Ramsco. 
C) Patco is reinvesting a higher percentage of its earnings in the business than Ramsco. 
D) Patco is using assets less efficiently than Ramsco.

Quizplus · Accepted Answer

The Answer of 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) Patco is more financially conservative than Ramsco. 
B) Patco is more liquid than Ramsco. 
C) Patco is reinvesting a higher percentage of its earnings in the business than Ramsco. 
D) Patco is using assets less efficiently than Ramsco.

Use the Following Information for the Question(s) That Follow