When Examining an External Financial Report, a Ratio That Can

question 33

Multiple Choice

When examining an external financial report, a ratio that can be useful in determining the approximate age of the assets is:

• A) accumulated depreciation/average recorded property, plant and equipment at cost.
• B) net sales/average total assets.
• C) average total assets/net sales.
• D) net sales/ average property, plant and equipment.

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Definitions:

Muscle Strength

The ability of a muscle or group of muscles to exert force against resistance, important for physical health and performance.

Spot Reduction

A fitness myth that suggests it's possible to target fat loss in specific areas of the body through focused exercises.

Body Composition

The percentages of fat, bone, water, and muscle in the human body, which can influence health and physical performance.

Aerobic Exercises

Exercises that require an increased amount of oxygen consumption over an extended period of time.