Match the term with its definition.
a.Accrual-basis accounting
b.Cash-basis accounting
c.Current ratio
d.Financial statements
e.Liquidity
f.Operating profit margin
g.Return on assets
h.Return on equity
-A measure of how well a business is controlling its cost of goods sold and operating expenses relative to sales, determined by dividing operating profits by sales.

Question

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The Answer of Match the term with its definition.
a.Accrual-basis accounting
b.Cash-basis accounting
c.Current ratio
d.Financial statements
e.Liquidity
f.Operating profit margin
g.Return on assets
h.Return on equity
-A measure of how well a business is controlling its cost of goods sold and operating expenses relative to sales, determined by dividing operating profits by sales.

Match the Term with Its Definition