A medical partnership has been owned by the same four physicians since it began. They took out a loan when the practice opened but have not needed any other loans. Which pattern of Liquidity Ratios, Solvency Ratios, and Profit Level Ratios would indicate continual financial improvement of the partnership?
A) decreasing; decreasing; decreasing
B) decreasing; increasing;, increasing
C) increasing; decreasing; increasing
D) increasing; increasing; increasing

Question

Quizplus · Accepted Answer

Liquidity Ratios, Solvency Ratios, and Profit Level Ratios would all be increasing if the partnership is continually improving financially.

A Medical Partnership Has Been Owned by the Same Four