You are considering an investment in Frontier Airlines stock and wish to assess the firm's earnings performance. All of the following ratios can be used to assess profitability except:
A) Return on equity.
B) Asset turnover.
C) Return on investment.
D) Times interest earned.

Question

Quizplus · Accepted Answer

Times interest earned is a measure of a company's ability to meet its debt obligations, not a measure of profitability.

You Are Considering an Investment in Frontier Airlines Stock and Wish