True or false? a. A company's debt-equity ratio is always less than 1. b. The quick ratio
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a. A company's debt-equity ratio is always less than 1.
b. The quick ratio is always less than the current ratio.
c. For a profitable company, the return on equity is always less than the return on assets.
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a False A number below 1 implies debt is less than equity and that may not alway...View the full answer
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
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