Question
When considering how profitably your company is operating, you examine:
a) inventory turnover.
b) sales and the return on your investment.
c) depreciation and liquidity.
d) tangible and intangible assets.
e) the price of the Canadian dollar.
I think the answer should be b = sales and return on investment since return on equity is a profitability ratio. However, it the marksheet shows the answer to be d, I am not sure if this is an error or not.
a) inventory turnover.
b) sales and the return on your investment.
c) depreciation and liquidity.
d) tangible and intangible assets.
e) the price of the Canadian dollar.
I think the answer should be b = sales and return on investment since return on equity is a profitability ratio. However, it the marksheet shows the answer to be d, I am not sure if this is an error or not.