Which of the Following Best Describes What a Profitability Ratio

question 70

Multiple Choice

Which of the following best describes what a profitability ratio is?

• A)It shows the relative amount of funds in the business supplied by shareholders.
• B)It indicates a company's ability to pay short-term debts.
• C)It indicates management's ability to generate a financial return on sales or investment.
• D)It shows a company's profit margins for the last six months.
• E)It indicates a company's future profits from its current customer base.

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Definitions:

Accounting Equation

The fundamental equation of double-entry bookkeeping: Assets = Liabilities + Owners' Equity, depicting a company's financial position at a specific point in time.

Bank

A financial institution licensed to receive deposits, offer loans, and provide various financial services to individuals and businesses.

Limited Liability Company

A business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.

Partnership

An authorized business structure where two or more partners manage and share in the profits.