All of the Following Are Measures of Financial Performance, Except

question 34

Multiple Choice

All of the following are measures of financial performance, except:

• A)Profit ratios
• B)Activity ratios
• C)Leverage ratios
• D)Liquidity ratios
• E)All of these choices are incorrect

---

Definitions:

Price

The amount of money expected, required, or given in payment for something.

Payment

The transfer of money, goods, or services in exchange for a product, service, or to satisfy an obligation.

Fixture

A fixture is an item that was originally personal property but has been attached to real property in such a way that it is legally considered a part of the real property.

UCC

Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, including sales, banking, and leases.