Which of the following ratios is the best measure of liquidity?
a. Earnings per share
b. Current ratio
c. Return on assets ratio
d. Cash flow from operations to capital expenditures ratio
b
Business
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Which of the following stock funds would probably have the lowest risk and return?
A) International funds B) Capital appreciation funds C) Equity income funds D) Sector funds
Business
Refer to the information above. The entry to close Depreciation Expense account will:
A. Transfer the balance of Depreciation Expense directly to Retained Earnings. B. Include a debit to Income Summary. C. Include a debit to Depreciation Expense. D. Include a credit to Capital Stock.
Business