+2 votes
in Class 12 by kratos

Which of the following statements is correct?

(a) A higher Receivable Turnover is not desirable

(b) Interest Coverage Ratio depends upon tax rate

(c) Increase in Net Profit Ratio means increase in sales

(d) Lower Debt Equity Ratio means lower financial risk

1 Answer

+1 vote
by kratos
 
Best answer

(d) Lower Debt Equity Ratio means lower financial risk

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