__________ is generally considered to be the most important profitability ratio because it indicates how efficiently the organization is using its resources.
A) Return on sales
B) The current ratio
C) Inventory turnover
D) Return on investment
Correct Answer:
Verified
Q111: The primary responsibility of external auditors is
Q112: Which of the following is not an
Q113: Evaluation of a firm's financial condition for
Q114: One of the most common methods of
Q115: Devon Moran is the Executive Vice President
Q117: If a company has a current ratio
Q118: Erin Mays is the owner of Witt's
Q119: _ is computed to assess an organization's
Q120: A new company has a debt-to-worth ratio
Q121: _ is the process of categorizing proposed
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents