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Financial Ratios and Performance Analysis Quiz

#1

Which financial ratio measures a company's ability to generate profits from its resources?

Return on assets (ROA)
Explanation

ROA assesses a company's profitability relative to its total assets.

#2

What does the debt-to-equity ratio indicate about a company?

Its reliance on debt financing versus equity financing
Explanation

This ratio reveals the balance between debt and equity in a company's capital structure.

#3

What does the price-to-earnings (P/E) ratio indicate about a company?

Its current stock price relative to its earnings per share
Explanation

P/E ratio reflects the relationship between stock price and earnings per share.

#4

Which financial ratio measures a company's ability to cover its short-term liabilities with its short-term assets?

Current ratio
Explanation

Current ratio evaluates a company's capacity to meet short-term obligations with current assets.

#5

What does the gross profit margin measure?

The proportion of revenue remaining after deducting the cost of goods sold
Explanation

Gross profit margin indicates the percentage of revenue retained after covering the cost of goods sold.

#6

Which financial ratio is calculated by dividing net income by average total assets?

Return on assets (ROA)
Explanation

ROA is the ratio of net income to the average total assets, measuring profitability.

#7

What does a high quick ratio indicate about a company?

High liquidity and strong ability to meet short-term obligations
Explanation

A high quick ratio signifies ample liquidity for short-term obligations.

#8

What does the inventory turnover ratio measure?

The efficiency of a company's inventory management
Explanation

Inventory turnover ratio assesses how efficiently a company manages its inventory.

#9

What does a high debt ratio indicate about a company?

High reliance on debt financing
Explanation

A high debt ratio indicates significant reliance on debt for financing.

#10

What does the return on equity (ROE) ratio indicate about a company?

Its ability to generate profit from its shareholder investments
Explanation

ROE reflects a company's proficiency in generating profit from shareholder investments.

#11

Which financial ratio assesses a company's ability to cover its interest expenses with its earnings before interest and taxes (EBIT)?

Times interest earned ratio
Explanation

Times interest earned ratio gauges a company's capability to cover interest costs with EBIT.

#12

Which financial ratio assesses a company's ability to turn its inventory into sales?

Inventory turnover ratio
Explanation

Inventory turnover ratio measures how quickly a company converts inventory into sales.

#13

What does a low accounts receivable turnover ratio suggest about a company?

Slow collection of outstanding debts
Explanation

A low accounts receivable turnover ratio indicates delayed collection of outstanding debts.

#14

Which financial ratio measures the proportion of debt a company uses to finance its assets?

Debt-to-equity ratio
Explanation

Debt-to-equity ratio gauges the balance between debt and equity in financing a company's assets.

#15

What does a high fixed charge coverage ratio suggest about a company?

Sufficient income to cover fixed expenses
Explanation

A high fixed charge coverage ratio suggests adequate income to cover fixed expenses.

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