A Formula Must Start with A(n)____

question 104

Multiple Choice

A formula must start with a(n) ____.

• A)plus sign
• B)minus sign
• C)equal sign
• D)ampersand

---

Definitions:

Asset Turnover Ratio

A financial metric that measures the efficiency of a company’s use of its assets in generating sales revenue or sales income to the firm.

Financial Statements

Consolidated documents showing an entity's financial activities and condition, including balance sheet, income statement, and cash flow statement.

Common Shares

Represents ownership units in a corporation, giving holders voting rights and a share in the company's profits through dividends or capital appreciation.

Return On Sales Ratio

A financial metric that calculates how efficiently a company is generating profits from its revenue, by dividing operating profit by net sales.