Question: Question 4 0/1 pts A company with a higher current ratio than the industry average implies: On average, the company is more profitable than other

 Question 4 0/1 pts A company with a higher current ratiothan the industry average implies: On average, the company is more profitablethan other firms in the industry. On average, the company has a

Question 4 0/1 pts A company with a higher current ratio than the industry average implies: On average, the company is more profitable than other firms in the industry. On average, the company has a higher liquidity risk than other firms in the industry. On average, the company has less current assets to pay for its current liabilities than other firms in the industry. On average, the company has a lower liquidity risk than other firms in the industry. Question 5 0/1 pts A company has a debt ratio of 40% in financial year 2020. This means that: 40% of the assets are financed by debts. 40% of the assets are financed by current liabilities. 40% of the assets are financed by equity. 40% of the assets are financed by non-current liabilities. Question 6 0 / 1 pts A company has a return on assets (ROA) ratio of 80% in financial year 2020, compared to the ROA of 60% in financial year 2019. Which one of the following statements is NOT true? The business has higher profitability to asset investment in 2020 compared to 2019. In 2020, for every $100 assets, the business can generate $80 earnings before interest and tax. The business has lower profitability to asset investment in 2020 compared to 2019. In 2019, for every $100 assets, the business can generate $60 earnings before interest and tax

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