Multiple Choice
Which of the following ratios measure the adequacy of profits?
I. Profit compared to sales
II. Profit compared to equity
III. Profit compared to total assets
IV. Profit before interest and finance costs/ finance costs
A) II and IV
B) I and II only
C) I, III and IV
D) I, II and III only
Correct Answer:
Verified
Correct Answer:
Verified
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