For each of the ratios listed , select the appropriate code letter, whether it is a liquidity ratio, a profitability ratio or a solvency ratio:
-Cash return on sales ratio
A) Liquidity ratio (L)
B) Profitability ratio(P)
C) Solvency ratio(S)

Question

Quizplus · Accepted Answer

The cash return on sales ratio is a measure of a company's efficiency in generating profit from its sales, making it a profitability ratio.

For Each of the Ratios Listed , Select the Appropriate