Multiple Choice
Use the following information for the question(s) that follow.
Company X and Company Y are in the same industry and have the following ratios.
-Based on the information above, we can conclude that
A) company Y is more financially conservative than company X.
B) company Y is more liquid than company X.
C) company Y is reinvesting a higher percentage of its earnings in the business than company X.
D) company Y is using assets less efficiently than company X.
Correct Answer:

Verified
Correct Answer:
Verified
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