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Assume the following information pertains to Ramer Company, Matson Company, and for their common industry for a recent year. Some of the ratios and data for Ramer and Matson are affected by income taxes. Assuming no interperiod income tax allocation, which of the following items would be directly affected by income taxes for the period?A. Current ratio and debt to equity ratio. B. Accounts receivable turnover and inventory turnover. C. Return on investment and earnings per share. D. Debt to equity ratio and dividend payout ratio. |