Generally speaking, do the following indicate good news or bad news?a. Increase in times interest earned ratio.b. Decrease in days to sell.c. Increase in gross profit percentage.d. Decrease in EPS.e. Increase in fixed asset turnover ratio.

Generally speaking, do the following indicate good news or bad news?a. Increase in times interest earned ratio.b. Decrease in days to sell.c. Increase in gross profit percentage.d. Decrease in EPS.e. Increase in fixed asset turnover ratio.

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 58BE

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Question

Generally speaking, do the following indicate good news or bad news?
a. Increase in times interest earned ratio.
b. Decrease in days to sell.
c. Increase in gross profit percentage.
d. Decrease in EPS.
e. Increase in fixed asset turnover ratio.

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