Which of the Following Rations Is Not Considered to Be

question 30

Multiple Choice

Which of the following rations is not considered to be a key measure of profitability?.

• A) Asset turnover.
• B) Inventory turnover.
• C) Return on assets.
• D) Capital structure leverage.
• E) Return on equity.

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Definitions:

Drawee

The party, often a bank, that is directed to pay a certain amount of money to the person presenting the check or draft as stated on the financial document.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, and inventories, and meeting other short-term liabilities.

Draft

A preliminary version of a document or plan that is subject to revisions and edits before the final version is completed.

Viola

A string instrument that is larger than a violin and produces a deeper sound, often used in orchestras and chamber music.