FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Which of the following statements is not correct?
Group of answer choices
A)Purchasing fixed assets using cash decreases the current ratio .
B)Accruing a commission expense will affect the net profit margin ratio.
C)Increasing the financial leverage ratio guarantees the net profit margin ratio will increase.
D)Purchasing treasury stock results in a decrease in the current ratio.
E)All of the above are correct
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