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

Question

Quizplus · Accepted Answer

Return on assets (ROA) is a profitability ratio that measures how efficiently a company can manage its assets to produce profits during a period.

For Each of the Ratios Listed , Select the Appropriate