Which of the following is a measure of profitability? Select one: a. Inventory turnover b. Return on assets (ROA) c. Quick (acid-test) ratio d. Net sales
Which of the following is a measure of profitability? Select one: a. Inventory turnover b. Return on assets (ROA) c. Quick (acid-test) ratio d. Net sales
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 34MCQ: Which of the following ratios is used to measure a firms profitability? a. Liabilities Ă· Equity c....
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Which of the following is a measure of profitability?
Select one:
a. Inventory turnover
b. Return on assets (ROA)
c. Quick (acid-test) ratio
d. Net sales
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