Examlex
Which one of the following would not be considered a liquidity ratio?
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent or salaries.
Variable Cost
A cost that changes with the level of output or production, such as materials and labor costs.
EBIT
Earnings Before Interest and Taxes; a measure of a company's profitability that excludes interest and income tax expenses.
EPS
Earnings Per Share - a company's profit divided by its number of outstanding shares, indicating the profitability on a per-share basis.
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