Question: QUESTION 15 The Return on Assets ratio will increase if the net income of Company B increases $100,000 while the Assets Decrease $100,000. True False

QUESTION 15 The Return on Assets ratio will increase if the net income of Company B increases $100,000 while the Assets Decrease $100,000. True False 5 points QUESTION 16 There is a Decrease in Long Term Debt if a company pays extra on a Long term note due to a very high interest rate. True False 5 points QUESTION 17 Short term debt is debt a company owes that is due within 1 year. True False

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