Which of the following could be calculated with the use of only a statement of ﬁnancial position?
A) Interval measure.
B) Equity multiplier.
C) Receivables turnover.
D) Times interest earned.
E) Return on equity.

Question

Quizplus · Accepted Answer

The equity multiplier can be calculated using information from the statement of financial position by dividing total assets by total equity. The other calculations mentioned require information from other financial statements (such as the income statement) in addition to the statement of financial position.

Which of the Following Could Be Calculated with the Use