Multiple Choice
The text discusses various factors that relate to the risk of a company facing financial distress or bankruptcy. Which of the following might be in indicator of higher risk, based on the discussion in the text?
A) The company has a low rate of asset turnover.
B) The company's assets are mostly liquid assets.
C) Most of the company's debts are long-term, not short-term.
D) The company's sales levels do not vary much from year to year.
Correct Answer:
Verified
Correct Answer:
Verified
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