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Regarding the mechanisms of heredity, which of the following statements is FALSE?
Quick Ratio
A measure of a company's ability to meet its short-term obligations with its most liquid assets.
Total Asset Turnover
A financial ratio that measures how efficiently a company uses its assets to generate sales by dividing net sales by total assets.
Total Debt Ratio
A financial ratio that compares a company's total liabilities to its total assets, indicating the proportion of a company's assets that are financed through debt.
Equity Multiplier
A financial leverage ratio that measures the portion of a company’s assets that are financed by its shareholders' equity.
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