In your review of abc company's financials, you note that receivables have increased approximately 200% from the previous year, while cash has declined. further investigation reveals that 70% of abc's receivables were booked within 7 days of the end of the quarter. if financial statement fraud is involved, which type is most likely?
a. fictitious revenues
b. timing differences
c. improper asset valuations
d. improper disclosures

Companies hd and ld are both profitable, and they have the same total assets (ta), total invested capital, sales (s), return on assets (roa), and profit margin (pm). both firms finance using only debt and common equity. however, company hd has the higher total debt to total capital ratio. which of the following statements is correct? a) company hd has a higher assets turnover than company ld. b) company hd has a higher return on equity than company ld. c) none of the other statements are correct because the information provided on the question is not enough. d) company hd has lower total assets turnover than company ld. e) company hd has a lower operating income (ebit) than company ld