Multiple Choice
A firm's current ratio has steadily increased over the past 5 years,from 1.9 five years ago to 3.8 today.What would a financial analyst be most justified in concluding?
A) The firm's fixed assets turnover probably has improved.
B) The firm's liquidity position probably has improved.
C) The firm's stock price probably has increased.
D) Each of the above is likely to have occurred.
E) The analyst would be unable to draw any conclusions from this information.
Correct Answer:
Verified
Correct Answer:
Verified
Q34: Other things held constant, which of the
Q36: Culver Inc. has earnings after interest but
Q67: Determining whether a firm's financial position is
Q108: A stock dividend will,in and of itself,affect
Q109: Borg Security Systems is considering the sale
Q110: All of the following represent cash outflows
Q111: If a positive change in gross fixed
Q112: Net fixed assets reflect the historical costs
Q115: Bender Corporation had sales of $250,000 last
Q117: You are given the following information about