Which of the following statements is not correct? Group of answer choices A)Purchasing fixed assets using cash decreases the current ratio. B)Accruing a commission expense will affect the net profit margin ratio. C)Increasing the financial leverage ratio guarantees the net profit margin ratio will increase. D)Purchasing treasury stock results in a decrease in the current ratio. E)All of the above are correct

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA2: Investments
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Which of the following statements is not correct?
Group of answer choices
A)Purchasing fixed assets using cash decreases the current ratio.
B)Accruing a commission expense will affect the net profit margin ratio.
C)Increasing the financial leverage ratio guarantees the net profit margin ratio will increase.
D)Purchasing treasury stock results in a decrease in the current ratio.
E)All of the above are correct
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