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Author Question: The current ratio is used by ________ to assess ________. (Read 44 times)

imanialler

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on: Apr 25, 2021

Question 1

Sales for a firm are $500,000, cost of goods sold are $400,000, and interest expenses are $20,000. What is the gross profit margin?
◦ 16.0%
◦ 20.0%
◦ 4.0%
◦ 25.0%
◦ 30.0%

Question 2

The current ratio is used by ________ to assess ________.
◦ bankers; the availability of short-term collateral
◦ managers; short-term profitability
◦ managers; short-term asset management
◦ bankers; solvency
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by imanialler on Apr 25, 2021

enass

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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imanialler

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Reply 2 on: Apr 25, 2021
Excellent

meow1234

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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