Use the following information for the question(s) that ...

[Gabby]

Use the following information for the question(s) that follow.

Patco and Ramsco are competitors in the same industry and have the following ratios.




Based on the information above, we can conclude that
◦ Patco is more financially conservative than Ramsco.
◦ Patco is more liquid than Ramsco.
◦ Patco is reinvesting a higher percentage of its earnings in the business than Ramsco.
◦ Patco is using assets less efficiently than Ramsco.

[Snabbey]

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Only 32% of students answer this correctly

[Gabby]

YES! Correct, THANKS for helping me on my review

[milbourne11]

Excellent