A Commonly Used Ratio to Judge Company Profitability Is

question 37

Multiple Choice

A commonly used ratio to judge company profitability is

• A) The current ratio
• B) The debt to equity ratio
• C) Times interest earned
• D) Return on assets

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Definitions:

Free-Will

The concept that humans have the ability to make choices that are not predetermined by past events or divine intervention.

Ordinary Circumstances

Conditions or situations that are considered usual or normal within a specific context or environment.

Promise

A declaration or assurance that one will do something or that a particular thing will happen.

Material Breach

A significant violation of a contractual obligation that undermines the contract's purpose, giving the aggrieved party the right to terminate the agreement and seek damages.