Which of the Following Ratios Is Used to Measure the Profit

question 65

Multiple Choice

Which of the following ratios is used to measure the profit earned on each dollar of sales in a firm?

• A) Current ratio
• B) Asset turnover
• C) Return on sales
• D) Return on equity

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Definitions:

Organizational Practices

Organizational practices encompass routines, policies, and procedures that define how an organization operates and engages with its employees and stakeholders.

Intellectual Capital

The collective knowledge, skills, and innovative potential possessed by an organization's employees that can be leveraged to create value.

Stock Of Knowledge

The accumulated body of facts, information, and skills that an individual or society possesses, which is built over time through experience and education.

Open System Organizations

Organizations that interact with their environment, adapting and evolving in response to external inputs and changes.