Indicate the Type of Each Ratio Listed Below

question 71

Multiple Choice

Indicate the type of each ratio listed below.
-Times interest earned ratio

• A)liquidity ratio
• B)solvency ratio
• C)profitability ratio

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Definitions:

Opportunity Cost

The price paid by not choosing the second-best option available during a decision-making process.

Economy

The mechanism through which a society manufactures, allocates, and utilizes goods and services.

Opportunity Cost

The foregone benefit that could have been enjoyed if an alternative choice had been made.

Factors Of Production

The resources used in the production process, including land, labor, capital, and entrepreneurship.