Which of the following statements about financial ratios are correct? Select ALL that apply.多项选择题
A
A current ratio far below 1 is a cause for concern.
B
Net working capital is defined as current assets less current liabilities.
C
A firm whose inventory period exhibits a lengthening trend will likely need to cut production.
D
Financial managers should always aim to maximize their liquidity ratios.
E
Financial ratios provide definitive (not relative) measures of a company's performance and condition.
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