Suppose you are a financial detective. You are assigned to study ABC Corporation's financial ratios. Your goal: to determine if the firm's CEO is padding the payroll by hiring all 13 of her sons and daughters as highly-paid, upper-level managers. You would first focus on
the difference between ROA and ROE
the difference between gross profit margin and operating profit margin
the difference between ITO and TATO
the time trend of the firm's ITO