Multiple Choice
Which of the following ratios measures how effectively a firm is transforming sales into profits?
A) Return on sales
B) Return on owners' equity
C) Acid-test
D) Current turnover
E) Earnings per share
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: A database is a single collection of
Q3: Based on the accounting equation, owners' equity
Q4: The ratio computed by dividing cost of
Q5: As a result of the Sarbanes-Oxley Act,
Q6: Revenues - cost of goods sold -
Q8: A computer program that uses artificial intelligence
Q9: The values of copyrights, patents, and goodwill
Q10: If assets total $125,000 and owners' equity
Q11: Financial accounting provides managers and employees within
Q12: Beginning inventory + net purchases - ending