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Which of the following statements is true about profitability ratios? a. They measure the ability...

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Accounting

Which of the following statements is true about profitability ratios? a. They measure the ability of a company to meet its current obligations. b. They measure the ability of a company to meet its long- and short-term obligations. c. They measure the earning ability of a company. d. They measure the ability of a company to purchase assets.

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