Given Below Are Several Ratios

question 142

Multiple Choice

Given below are several ratios.Select the accounts or amounts that would be used in order to calculate the ratio.You will have more than one response to each ratio.Some accounts or amounts may not be used at all.
-Return on sales ratio

• A) Market price per share
• B) Net sales
• C) Gross profit
• D) Average total assets
• E) Interest expense, net of tax
• F) Netincome
• G) Total liabilities
• H) Total assets

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Definitions:

Revenue Bond

A type of municipal bond supported by the revenue from a specific project or source, rather than general tax revenues.

General-Obligation Bond

A type of municipal bond that is secured by the full faith and credit of the issuing government, including its taxing power to repay the bondholders.

Russell 2000

A gauge that tracks the performance of around 2000 of the smallest American firms listed in the Russell 3000 Index.

S&P 500

A stock market index tracking the performance of 500 of the largest companies listed on stock exchanges in the United States.