Which of the Following Is Not Expressed in Terms of a Percentage

question 114

Multiple Choice

Which of the following is not expressed in terms of a percentage?

• A)Return on equity
• B)Debt to equity ratio
• C)Current ratio
• D)Profit margin

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Definitions:

Depreciable Asset

An asset that loses value over time due to wear and tear, age, or obsolescence, and for which depreciation can be accounted for tax and accounting purposes.

Useful Life

The estimated time period that an asset is expected to be usable for the purpose for which it was acquired.

Consolidation

The process of combining financial statements from different entities within a single corporate group, treating them as a single entity.