Multiple Choice
The calculations for some profitability ratios are the same as the calculations for common-size analysis of the income statement.Which of the following profitability ratios would also be determined through a common-size analysis of the income statement?
A) Gross profit ratio
B) Debt-to-equity ratio
C) Acid-test ratio
D) Earnings per share
Correct Answer:
Verified
Correct Answer:
Verified
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