For each of the ratios listed below, indicate by the appropriate code letter, whether it is a liquidity ratio (L), a profitability ratio (P), or a solvency ratio (S).
____ 1. Times interest earned
____ 2. Asset turnover
____ 3. Accounts receivable turnover
____ 4. Debt to total assets ratio
____ 5. Current ratio
____ 6. Payout ratio

Question

Quizplus · Accepted Answer

The Answer of For each of the ratios listed below, indicate by the appropriate code letter, whether it is a liquidity ratio (L), a profitability ratio (P), or a solvency ratio (S).
____ 1. Times interest earned
____ 2. Asset turnover
____ 3. Accounts receivable turnover
____ 4. Debt to total assets ratio
____ 5. Current ratio
____ 6. Payout ratio

For Each of the Ratios Listed Below, Indicate by the Appropriate