The return on net worth ratio is based on a retailer's _____
a. net profit, fixed assets, and fixed liabilities
b. net profit, current assets, and current liabilities
c. net profit, net sales, total assets, and net worth
d. net profit, total assets, net sales, and net liabilities
c
You might also like to view...
"If my niece has predeceased me, then I give my double-barrel shotgun to my nephew" is what type of gift?
A) Residuary. B) Specific. C) Barbaric. D) General.
You are going to pay $800 into an account at the beginning of each of 20 years. The account will
then be left to compound for an additional 20 years until the end of year 40, when it will turn into a perpetuity. You will receive the first payment from the perpetuity at the end of the 41st year. If the account pays 14%, how much will you receive from the perpetuity each year (rounded to nearest $1,000)? A) $150,000 B) $160,000 C) $170,000 D) $140,000