Current ratio and quick ratio are two measures of liquidity

Reference no: EM133650423

Question

Current ratio and quick ratio are two measures of liquidity for a company. 7. If a company holds a return on assets of 47.6%, they are earning .476 cents on every dollar of assets. 8. If a company has a profit margin of 22.5% and turns its assets into sales 2.5 times per year, a return on assets would be 56.25 %

Reference no: EM133650423

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