The Financial Ratio Intended to Measure the Effectiveness with Which

question 61

Multiple Choice

The financial ratio intended to measure the effectiveness with which management has utilized the resources of the business,regardless of how these resources are financed,is:

• A)Gross profit rate.
• B)Current ratio.
• C)Return on assets.
• D)Return on equity.

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Definitions:

Hand Valves

Devices that control the flow of fluid through pipes or tubing, manually operated by a person.

Receiver/Dryer

Performs three functions on liquid refrigerant in the refrigeration cycle: filters particles, removes moisture, and stores a small amount of the liquid refrigerant until needed in the system evaporator.

Air Conditioning System

A mechanism designed for controlling the temperature, humidity, and overall air quality in an enclosed space.