Financial ratios that can be calculated solely from the Balance Sheet include all of the following except:
A) Return on Assets
B) Current Ratio
C) Debt-to-Total Assets Ratio
D) All of the above can be calculated from the Balance Sheet

Question

Quizplus · Accepted Answer

Return on Assets (ROA) requires information from both the Balance Sheet and the Income Statement, specifically net income (from the Income Statement) and average total assets (from the Balance Sheet).

Financial Ratios That Can Be Calculated Solely from the Balance