Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. which of the following is considered a profitabili

Which of the following is considered a profitability ratio?: * a. Return on...

90.2K

Verified Solution

Question

Accounting

Which of the following is considered a profitability ratio?: *
a. Return on assets ratio
b. Debt to total assets ratio
c. Current ratio
d. Receivables turnover ratio
e. None of the above
During the year Acme Corporation had net income of $20,000, shareholder dividends of $15,000 and revenues of $60,000. What expenses were recognized?: *
a. $5,000
b. $15,000
c. $25,000
d. $40,000
e. $80,000
During the year, XYZ Company has average receivables of $1,000,000, sales of $2,000,000, net income of $100,000 and dividends of $35,000. Calculate XYZ Company's profit margin ratio.: *
a.0.02
b.0.03
c.0.05
d.0.06
e.0.10
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Consider the following abbreviated financial statements for Cabo Wabo, Inc.:    CABO WABO, INC. Partial Balance Sheets as of...

Chemistry
1.2K views

Please write clear.. Having samples such as extra virgin olive oil, corn oil and coconut oil. A-did the...

Psychology
1.2K views

I need a 3-6 page essay on why sex offenders should be castrated. The essay needs...

Physics
1.2K views

Ernest Rutherford (the first New Zealander to be awarded the Nobel Prize in chemistry) demonstrated that...

Psychology
1.2K views

Describe each of the three historical views about the nature of the child (i.e., tabula rasa,...

Physics
1.2K views

Microwaves are produced by motion of charges in Accelerated motion conducting wires Special vacuum tubes...

Physics
1.2K views

On the circuit shown what is the current measured by the ammeter Each resistor is...

Physics
1.2K views

Problem 3 Consider a trough of a semicircular cross section and an inclined plane in...

Basic Math
1.2K views

For a data matrix that consists of news article texts build a model that groups...

Accounting
1.2K views

Imagine US is a startup that offers high-definition 3-D...

Accounting
1.2K views

i need the answer of this question urgently 1- Choose one of the...

Accounting
1.2K views

Required Information [The following information applies to the questions displayed below.) On November 1 Furry...