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    Question

    Which of the following statements is

    correct?
    A a) A Higher Receivable Turnover is desirable Correct Answer Incorrect Answer
    B b) Interest Coverage Ratio depends upon Tax Rate Correct Answer Incorrect Answer
    C c) Increase in Net Profit Ratio means increase in Sales Correct Answer Incorrect Answer
    D d) Lower Debt-Equity Ratio means higher Financial Risk Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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