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Which of the following statements (in general) is correct?
a) A low receivables turnover is desirable.
b) The lower the total debt-to-equity ratio, the lower the financial risk for a firm.
c) An increase in net profit margin with no change in sales or assets means a poor ROI.
d) The higher the tax rate for a firm, the lower the interest coverage ratio.
Paper#9257025 | Written in 27-Jul-2016Price : $16