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06-06-2023
Business

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(8)Which type of following activities will reduce a firm's current ratio? Assume that net working capital is positive. A. inventory is purchased B. a customer pays off a credit account C. inventory is sold at cost D. inventory is sold out on credit (9)Which ratio turns out to be the core in the DoPont Identity ? A. ROE B. profit margin C. Asset turnover D. Equity multiplier (10) Which of the following items belongs to Non Current Assets? A. account payable B. account receivable C. intangible assets D. accounts payable

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