Generally speaking, do the following indicate good news, or bad news? a. Increase in times interest earned

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Generally speaking, do the following indicate good news, or bad news?
a. Increase in times interest earned ratio.
b. Decrease in days to sell.
c. Increase in gross profit percentage.
d. Decrease in EPS.
e. Increase in asset turnover ratio.

Asset Turnover
Asset turnover is sales divided by total assets. Important for comparison over time and to other companies of the same industry. This is a standard business ratio.
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Managerial Accounting

ISBN: 978-0078025518

2nd edition

Authors: Stacey Whitecotton, Robert Libby, Fred Phillips

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