Which of the Following Is the Best Indicator of Management's

question 30

Multiple Choice

Which of the following is the best indicator of management's effectiveness at generating profits relative to the firm's assets?

• A) Quick ratio
• B) Fixed assets turnover
• C) Return on assets
• D) Accounts receivable turnover

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Definitions:

Contingency Planning

The process of preparing for unexpected events by identifying potential risks and devising strategies to mitigate them.

Different Courses

Refers to a variety of educational or training programs that cater to diverse learning objectives, skills, or interests.

Benchmarking

The process of comparing one's business processes and performance metrics to industry bests or best practices from other companies.

Incorporate

Refers to the process of legally declaring a company as a separate entity from its owners.