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stranahan stranahan
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7 years ago
Which of the statements below is FALSE?
A) The current ratio is current assets divided by current liabilities.
B) The acid ratio test equals current assets minus inventories divided by current liabilities.
C) Examples of liquidity ratios include the current ratio, the cash coverage ratio, and the quick ratio.
D) Inventory turnover equals cost of goods sold divided by inventory.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
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torchunicycletorchunicycle
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7 years ago
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stranahan Author
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#2
7 years ago
Thanks Smiling Face with Open Mouth and Tightly-closed Eyes
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