Multiple Choice
Rich wants to measure the profitability of his business.Which of the following pairs of ratios would you recommend for this?
A) return on owners' equity and debt-to-equity
B) current ratio and acid-test ratio
C) return on sales and sales turnover
D) inventory turnover and earnings per share
E) earnings per share and return on sales
Correct Answer:

Verified
Correct Answer:
Verified
Q146: The balance sheet is composed of<br>A) owners'
Q149: It is not necessary to audit a
Q151: The ratio that is sometimes referred to
Q152: Which of the following statements is false?<br>A)
Q155: Which section of the statement of cash
Q158: Define a balance sheet (also called a
Q165: Intel decides to issue new stock in
Q169: The resources owned by David's Spa and
Q185: The value of goods on hand for
Q220: The mortgage on Prudential Insurance's local facility