Profitability ratios attempt to assess the company's ability to generate earnings.
Answer the following statement true (T) or false (F)
True
Profitability refers to a company's ability to generate earnings. Both management and external users employ profitability ratios to assess a company's success in generating profits and how these profits are used to reward investors.
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Social media ads prompt purchase at least three times more often than e-mails, and the average order value from social media ads is thought to be 17 percent higher
Indicate whether the statement is true or false
The trial balance may be listed on the work sheet instead of being prepared separately
Indicate whether the statement is true or false
___________________ allows unannounced monitoring of business–related calls.
a. The California Public Utilities Commission b. The Privacy Rights Clearinghouse c. The Electronics Communications Privacy Act d: Federal Trades Commission
Generally accepted accounting principles restrict or limit a company's freedom to change inventory cost flow methods from one year to the next.
Answer the following statement true (T) or false (F)