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:

Expensive

Refers to something that has a high price or cost, often relative to similar products or services.

Product Life Cycle

The progression of a product through different stages from introduction to growth, maturity, and decline.

Introduction

The initial part of a document, presentation, or speech that sets the stage for the main content by providing background information or an overview.

Growth

Refers to the increase or expansion in size, quantity, value, or scope of an entity or object, such as a business, economy, population, or personal development.