Which of the Following Statements Is Most Correct

question 54

Multiple Choice

Which of the following statements is most correct?

• A) Larger values of the equity multiplier imply a greater use of leverage by the firm.
• B) The receivables turnover is computed by dividing year-end accounts payable by the year-end accounts receivables.
• C) The operating return on assets is computed as the earnings after interest and taxes divided by total assets.
• D) The quick ratio is computed by dividing current liabilities by owners' equity.

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Definitions:

Column Headings

The titles or labels used at the top of each column in tables or spreadsheets to describe the data contained within the column.

COUNT Aggregate Function

A function in SQL that returns the number of items in a group, often used in queries to count the number of records that match certain criteria.

Query Design View

A graphical interface in database software that allows users to design or modify queries by visually arranging tables and setting criteria.

Values

Represents the data encoded within variables or constants in programming and computing contexts.