All of the Following Ratios Below Are Generally Used to Assess

question 59

Multiple Choice

All of the following ratios below are generally used to assess a firm's profitability except:

• A)asset turnover
• B)return on assets
• C)gross margin percentage
• D)times interest earned ratio

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Definitions:

Flowcharting

A graphical representation of a process, illustrating the sequence of operations or steps involved, often used in planning and problem-solving.

Run Chart

A simple graphical tool used to display observed data in time order, commonly used in quality improvement processes to identify trends.

Priorities

The importance, ranking, or urgency assigned to tasks or projects, determining the order in which they should be addressed.

Procedures

Established methods or protocols followed in order to accomplish tasks or operations consistently and efficiently.