All of the following measure a company's profitability except
A)Gross Profit Percentage
B)Rate of Return on Net Sales
C)Operating Income Percentage
D)Acid-Test Ratio

Name: All of the following measure a company's profitability except A)Gross Profit Percentage B)Rate of Return on Net Sales C)Operating Income Percentage D)Acid-Test Ratio
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Question

Quizplus · Accepted Answer

Acid-Test Ratio measures a company's liquidity, not profitability. The other options (A, B, and C) all measure aspects of profitability.

All of the Following Measure a Company's Profitability Except