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In addition to comparison with industry ratios, it is also helpful to analyze ratios using
a. trend analysis
b. historical comparisons
c. neither; only industry ratios provide valid comparisons
d. both a and b
Describe the following project breakeven and profitability measures. Be sure to include each measure's economic interpretation.
Which one of the following will tend to increase the length of time a company will extend credit?
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The sales-to-inventory ratio:
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