All of the following ratios below are generally used to assess a firm's profitability except:
A)asset turnover
B)return on assets
C)gross margin percentage
D)times interest earned ratio

Name: All of the following ratios below are generally used to assess a firm's profitability except: A)asset turnover B)return on assets C)gross margin percentage D)times interest earned ratio
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Question

Quizplus · Accepted Answer

The times interest earned ratio is used to assess a firm's ability to meet its debt obligations, not its profitability.

All of the Following Ratios Below Are Generally Used to Assess