Question: Question 7 The Following Statement is accurate regarding Current Ratio. If the current ratio is greater than 1, the business can never be able

Question 7 The Following Statement is accurate regarding Current Ratio. If the

Question 7 The Following Statement is accurate regarding Current Ratio. If the current ratio is greater than 1, the business can never be able pay off its current debt with current assets within one year. O False O True 1 pts Question 8 The Following statement is accurate about Common Shares vs Preferred Shares. 1 pts "One common share represents one vote for voting rights, whereas preferred shares have no voting rights. Preferred shares have a claim on assets and dividends ahead of common shares." True O False

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