The net profit margin increases as the firm's interest expense declines.
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Q36: The quick ratio excludes inventory, plant, and
Q37: If inventory is sold for cash, inventory
Q38: Preferred stock is legally equity and represents
Q39: Since preferred stock represents equity, the holders
Q40: Preferred stock dividends are usually cumulative.
Q42: Lower depreciation increases earnings and cash flow.
Q43: Coverage ratios may be used to measure
Q44: The statement of cash flow places emphasis
Q45: The return on assets employs operating income
Q46: An increase in retained earnings will increase
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