Essay
Match the term with its definition.
a.Accrual-basis accounting
b.Cash-basis accounting
c.Current ratio
d.Financial statements
e.Liquidity
f.Operating profit margin
g.Return on assets
h.Return on equity
-A measure of a business's profitability relative to the amount of its assets, determined by dividing operating profits by total assets.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: For Winston to understand how his company
Q20: Ronnie needed an expensive piece of equipment
Q21: Match the term with its definition.<br>-Agreements to
Q22: Erica, the owner of Sweets To Eat
Q25: Carl cannot use the statement of profit
Q28: Match the term with its definition.<br>a.Cost of
Q34: Match the term with its definition.<br>-Profits as
Q99: Match the term with its definition.<br>-Agreements to
Q109: Match the term with its definition.<br>a.Balance sheet<br>b.Debt<br>c.Dividend<br>d.Financial
Q112: Match the term with its definition.<br>a.Balance sheet<br>b.Debt<br>c.Dividend<br>d.Financial