Essay
Choose the appropriate letter match each financial performance ratios with the appropriate category.
Ratio
1.___ Debt-to-assets ratio
2.___ Receivables turnover ratio
3.___ Fixed asset turnover ratio
4.___ Current ratio
5.___ Return on equity
6.___ Price earnings ratio
7.___ Times interest earned ratio
8.___ Quick ratio
9.___ Inventory turnover ratio
10.___ Earnings per share
Category
P - Profitability
L - Liquidity
S - Solvency
Correct Answer:

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1.S
2.L
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Correct Answer:
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2.L
3....
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