(Choose 1 answer)
(23652)Which statement is not correct?
A. The current ratio will always be greater than or equal to the acid test ratio.
B. If a company has no liabilities its return on equity will equal its return on assets.
C. Inventory turnover is generally a more important ratio for a manufacturing firm than a service firm.
D. Debt-to-equity ratio is a commonly used measure of liquidity.
