Author Question: The debt-to-equity ratio compares the amount of creditors' claims to the assets of a firm with ... (Read 106 times)

Jipu 123

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The debt-to-equity ratio compares the amount of creditors' claims to the assets of a firm with owners' claims to the assets of the same firm.
 
  Indicate whether the statement is true or false

Question 2

Depositing all cash, checks, etc. in a bank and paying with checks is an internal control procedure over cash.
 a. True
  b. False
 
   Indicate whether the statement is true or false



owenfalvey

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Answer to Question 1

TRUE

Answer to Question 2

True



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