Multiple Choice
What ratio will definitely increase when a firm increases its annual sales with no corresponding increase in assets?
A) Asset turnover
B) Current ratio
C) Liquidity ratio
D) Quick ratio
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: The term quality of earnings refers to
Q21: The major difference between IFRS and GAAP
Q27: A firm has a tax burden of
Q44: Common-size balance sheets are prepared by dividing
Q53: A firm has an ROA of 8%,a
Q56: In 2006 Hewlett Packard repurchased shares of
Q57: The firms leverage ratio is 1.2,interest burden
Q60: A firm has a ROE of 20%
Q62: Which of the following statements is true
Q63: The net income of the company is