Question 1 Practice, please hep me solve so I can better study! Thanks.
Which of the following would indicate a possible decreae in operating efficiency and/or less pricing discretion in the marketplace?
Question 1 options:
a) The current and quick ratios both increase.
b) The times-interest-earned ratio declines.
c) The inventory and total assets turnover ratios both increase.
d) The total debt to total capital ratio increases.
e) The profit margin declines.