Multiple Choice
The statement relating to the debt ratio of a company that is not true is:
A) It can be calculated by relating liabilities to total funds
B) It is an indicator of a company's long-term solvency
C) It is a measure of the extent of a company's gearing
D) A higher level of debt is normally preferable from a creditor's point of view
Correct Answer:
Verified
Correct Answer:
Verified
Q11: R_ turnover is a measure of how
Q12: World Consulting has the following data
Q13: Profit less income tax,divided by revenue,is the
Q14: If the debt ratio is 54% the
Q15: An increase in the inventory turnover ratio
Q17: When calculating the quick acid test)ratio which
Q18: All of these are limitations of financial
Q19: All of these ratios are indicators of
Q20: Financial statements in which each item is
Q21: Financial stability refers to the ability of