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Which of the following is a measure of profitability? Select one: a. Inventory turnover b. Return on assets (ROA) c. Quick (acid-test) ratio d. Net sales

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 34MCQ: Which of the following ratios is used to measure a firms profitability? a. Liabilities Ă· Equity c....

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Question

Which of the following is a measure of profitability?

Select one:

a. Inventory turnover

b. Return on assets (ROA)

c. Quick (acid-test) ratio

d. Net sales

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