Which type of ratio indicates a company's ability to generate income in the current period?
A. Liquidity ratios
B. Solvency ratios
C. Current ratios
D. Profitability ratios
Answer: D
You might also like to view...
A large amount of evidence indicates that merely satisfying customers:
A) is not enough to keep them loyal to your company or product. B) leads to increased purchase by the customers over time. C) attracts more customers through word of mouth. D) allows you to reduce advertising expenditure over time.
Which of the following is an assumption made in the preparation of the financial statements?
A) Financial statements are prepared for a specific entity that is distinct from the entity's owners. B) The current market value is assumed to be less relevant than the original cost paid. C) The preparation of financial statements for a specific time period assumes that the balance sheet covers a designated period of time. D) Financial statements are prepared assuming that inflation has a distinct effect on the monetary unit.
Bradford Inc Bradford Inc manufactures and sells digital cameras. Bradford's management team has begun an intensive program whereby more time and effort are to be focused on product quality than were focused on in the past. The following data has been compiled regarding expected quality costs in the upcoming year: Product quality audits $90,000 Quality training 60,000 Rework costs 40,000 Warranty
claims 70,000 Inspection of incoming materials 30,000 Scrap costs 24,000 Statistical process control 30,000 Refer to the Bradford Inc information above. What are Bradford's total prevention costs? A) $60,000 B) $170,000 C) $75,000 D) $110,000
Tracking sales result data can capture the entire picture of the brand building process.
a. True b. False