Which one of the following is a measure of long-term


1. Which one of the following is a measure of long-term solvency? Price-earnings ratio Profit margin Quick ratio Cash coverage ratio Receivables turnover

2. The IRR (internal rate of return) method used to compare two investment projects:

a. ignores the size of each of the projects.

b. always provides only one IRR for each project.

c. is based on accounting profits.

d. is not shown as a percentage.

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Financial Management: Which one of the following is a measure of long-term
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