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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