Indicate Whether Each of the Following Statements About Financial Statement

question 13

Short Answer

Indicate whether each of the following statements about financial statement analysis is true or false.
The ratio of plant assets to long-term liabilities is a measure of a company's ability to obtain additional long-term financing.______
Generally,a company's current assets should be purchased using long-term financing such as bonds payable.______
Ratios that measure a company's profitability provide some measure of the effectiveness of the company's management.______
Net margin indicates the amount remaining from each sales dollar after cost of goods sold has been subtracted out.______
Net margin is also sometimes called the return on assets ratio.______

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Definitions:

Motor Skills

Abilities required to execute movements smoothly and accurately, involving coordinated muscle activity.

Fetal Alcohol Syndrome

A condition in a child that results from alcohol exposure during the mother's pregnancy, causing brain damage and growth problems.

Live Births

The delivery of a baby who shows signs of life, such as breathing, heartbeat, or voluntary muscle movement, after separation from the mother's body.

Adaptive Behaviour

Actions and skills that allow an individual to meet standards of personal independence and social responsibility appropriate for their age and cultural group.