Which of the Following Is NOT a Raw Material

question 103

Multiple Choice

Which of the following is NOT a raw material?

• A) coal
• B) copper
• C) iron ore
• D) steel

---

Definitions:

Return on Total Assets

A financial ratio that measures the profitability of a company in relation to its total assets, indicating how efficiently a company uses its assets to generate profit.

Interest Expense

The expenses an entity bears over a period for using borrowed capital.

Short-term Creditors

refers to entities or individuals that lend money or extend credit for short periods, typically less than a year, including suppliers and banks.

Liquidity

A measure of how easily assets can be converted into cash without significant loss of value, indicating the ability of an entity to meet its short-term obligations.