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    Business Essentials Study Set 3
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    Exam 11: Understanding Accounting
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    The Current Ratio Is Used to Determine the Percentage of Sales
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The Current Ratio Is Used to Determine the Percentage of Sales

Question 174

Question 174

True/False

The current ratio is used to determine the percentage of sales revenue that is generated by new products, while the earnings per share ratio takes into account sales of both old and new products.

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