Multiple Choice
Which of the following statements about a ratio is NOT true?
A) If the financial statements are materially misstated,then ratios will be misleading.
B) A ratio is always expressed as a percentage.
C) A ratio can be interpreted and used meaningfully only with a good understanding of the company.
D) Ratios are indicators that can be interpreted.
Correct Answer:
Verified
Correct Answer:
Verified
Q40: Which of the following could NOT explain
Q41: Alda Ltd's accounts receivable for year ended
Q42: The following question relates to PQR,which has
Q43: Hard-up Ltd has a current ratio of
Q44: A high debt-to-equity ratio does NOT indicate
Q46: Unstable Ltd has decided to change its
Q47: Which of the ratios listed helps to
Q48: Hard-up Ltd has a current ratio of
Q49: Which of the ratios listed helps to
Q50: Which of the following statements about the