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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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