The formula for return on assets is
A) Profit/Equity
B) Profit/Total assets
C) Profit/Total revenue
D) Net operating income/Net operating revenue
Correct Answer:
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Q1: The purpose of accounting ratios is to
A)
Q2: When assessing the profitability ratios of an
Q3: The category of ratios that assesses the
Q4: Turnover ratio
A) Measures the ability of management
Q5: The profitability ratio that assesses the ability
Q7: The liquidity ratio that measures the number
Q8: Average payment period measures
A) The number of
Q9: The formula for days in accounts receivable
Q10: The formula for the acid ratio is
A)
Q11: Which of the following would indicate a
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