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  3. answers 3, 4 & 5 which option is...

answers 3, 4 & 5 Which option is...

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Accounting

answers 3, 4 & 5
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Which option is an efficiency ratio? Select an answer: total asset turnover ratio debt-to-equity ratio What would a current ratio of 6:1 mean for most industries? Select an answer: The business is not liquid, and one should be concerned about the business' ability to pay the current liabilities. There are excess current assets that could be invested for a greater return elsewhere. There is not enough information to assess this ratio. The business is liquid and should continue to manage their current assets as they have been. A sale is made for $100:$80 is for the product, and $20 is for the right to return the product. How much revenue is recognized at the time of the sale, assuming the product has been transferred to the customer? Select an

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