Indicate whether the following are a measure of (a) liquidity, (b) profitability, or (c) leverage.1.Quick ratio 2.Times interest earned ratio 3.Current ratio 4.Ratio of net sales to assets 5.Return on total assets 6.Accounts receivable turnover 7.Return on stockholders' equity 8.Book value per share of common stock 9.Ratio of liabilities to stockholders' equity 10.Acid-test ratio 11.Earnings per share of common stock 12.Merchandise inventory turnover 13.Working capital

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Answered: Indicate whether the following are a…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Indicate whether the following are a measure of (a) liquidity, (b) profitability, or (c) leverage.

1.	Quick ratio
2.	Times interest earned ratio
3.	Current ratio
4.	Ratio of net sales to assets
5.	Return on total assets
6.	Accounts receivable turnover
7.	Return on stockholders' equity
8.	Book value per share of common stock
9.	Ratio of liabilities to stockholders' equity
10.	Acid-test ratio
11.	Earnings per share of common stock
12.	Merchandise inventory turnover
13.	Working capital

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