A Measure of Profitability Is the

question 118

Multiple Choice

A measure of profitability is the

• A) current ratio.
• B) debt to total assets ratio.
• C) basic earnings per share.
• D) working capital.

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Definitions:

Remaining Balance

The total amount still owed on a debt or loan, not including current or future interest.

State Statute

A written law enacted by a state legislature governing matters within the state's jurisdiction.

Lien

A legal claim or right against a property as security for a debt or charge that must be paid when the property is sold.

Surety

A surety is a person or entity that takes responsibility for another's performance of an obligation, such as the repayment of a loan, ensuring its fulfillment or providing compensation for failure.