Multiple Choice
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
A) Patco is more financially conservative than Ramsco.
B) Patco is more liquid than Ramsco.
C) Patco is reinvesting a higher percentage of its earnings in the business than Ramsco.
D) Patco is using assets less efficiently than Ramsco.
Correct Answer:

Verified
Correct Answer:
Verified
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