Multiple Choice
Financial Ratios (Scenario)
Jana was in a big hurry. She had just been given the assignment of reporting on the financial health of her company to the new divisional vice president. Dania, the new vice president, had asked Jana to work up several calculations to help her gain an understanding of the company's financial shape. Jana was working hard and had a big order to fill, one that could make or break her reputation with Dania. She quickly pulled out her old financial management textbook and turned to the chapter on financial ratios to help her answer the questions that were asked.
-Finally, as the hour dragged to midnight, Jana finished calculating the ________ ratio, because Dania wanted to know how efficiently and effectively management is using its assets to generate profits.
A) profitability
B) leverage
C) equity
D) activity
Correct Answer:

Verified
Correct Answer:
Verified
Q34: In feedback control, the control takes place
Q61: In taking managerial actions, managers must correct
Q98: External controls have been enacted to address
Q100: Factors that have been found to be
Q101: When data are analyzed and processed, they
Q103: Clinical psychologists argue that employee theft _.<br>A)
Q104: Which of the following ratios measures how
Q106: Control that takes place while an activity
Q108: Managers need _ to monitor organizational performance
Q109: During the training session, Yehia is overwhelmed