Indicate Whether Each of the Following Statements About Financial Statement

True/False

Indicate whether each of the following statements about financial statement analysis is true or false.________ a)The ratio, plant assets to long-term liabilities, is a measure of a company's ability to obtain additional long-term financing.________ b)Generally, a company's current assets should be purchased using long-term financing such as bonds payable.________ c)Ratios that measure a company's profitability provide some measure of the effectiveness of the company's management.________ d)Net margin indicates the amount remaining from each sales dollar after cost of goods sold has been subtracted out.________ e)Net margin is also sometimes called the return on assets ratio.