Financial Ratios (Scenario) Jan Was in a Big Hurry. She Had Just Been

question 138

Multiple Choice

Financial Ratios (Scenario)
Jan was in a big hurry. She had just been given the assignment of reporting on the financial health of her company to the new divisional vice-president, Donna. Donna had asked Jan to provide several calculations to help her gain an understanding of the company's financial shape. Jan realized that this was a great career opportunity—one that could make or break her reputation with the new vice-president. She quickly pulled out her old financial management textbook and turned to the chapter on financial ratios to review the required calculations.
-Finally,as the hour dragged to midnight,Jan finished calculating the ________ ratios because Donna wanted to know how efficiently and effectively management is using its assets to generate profits.

• A)leverage
• B)activity
• C)profitability
• D)probability

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Definitions:

Machiavellianism

A personality trait characterized by cunning, strategy, and a willingness to use manipulation or deceit to achieve one's ends.

Ethical Conduct

Behavior that is consistent with a set of moral principles or standards governing the appropriate conduct for an individual or group.

Moral Dilemma

A situation in which a person must choose between two or more actions, each of which has moral implications that may conflict with each other.

Mandate

An official order or commission to do something, often seen as a form of authorization.