Which of the following is a leverage ratio?
A) inventory turnover ratio
B) debt-to-equity ratio
C) current ratio
D) acid-test ratio
E) accounts receivable turnover ratio
Answer: B
Explanation: A company's ability to pay its long-term debts is reflected in its leverage ratios. Debt-to-equity ratio is a leverage ratio.
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A. retained earnings approach be adopted. B. balance sheet approach be adopted. C. income approach be adopted. D. asset approach be adopted.
Which of the following is a condition required by the SEC for the recognition of revenue?
a. Completion of goods manufactured b. Execution of a promissory note c. Price in excess of $100 d. Reasonable assurance of collection
What type of pricing is being used when a company temporarily prices its product below the list price or even below cost to create buying excitement and urgency?
A) segmented pricing B) international pricing C) reference pricing D) promotional pricing E) basing-point pricing
Fraud perpetrators are approximately 2 percent female, 98 percent male
Indicate whether the statement is true or false