Multiple Choice
The return on assets is a profitability ratio that measures the:
A) profit that the entity has generated specifically for its owners
B) ability of an entity to generate income from its asset investments
C) the relative amount of cash flow generated by each sales revenue dollar
D) none of the options is correct
Correct Answer:
Verified
Correct Answer:
Verified
Q36: For a retail firm the quick asset
Q37: _ is the ability of a firm
Q38: If year one equals $800,year two equals
Q39: The ratios used to evaluate the liquidity
Q40: Horizontal analysis of financial statements includes the<br>A)calculation
Q42: In a vertical analysis of an income
Q43: Which statement is not correct?<br>A)Low liquidity ratios
Q44: Capital structure ratios are also known as:<br>A)profitability
Q45: Morgan Trading Pty Ltd has the
Q46: The asset turnover ratio is calculated by