Which of the following set of ratios is used to assess a business’s ability to generate earnings as compared to its expenses and other relevant costs incurred during a specific period of time?A. Liquidity Ratios B. Leverage Ratios C. Profitability…

Which of the following is measured by profit margin? A. Operating efficiency B. Asset use efficiency C. Financial policy D. Dividend policy Profit margin ratio is calculated to determine how efficiently the business is generating cash from operations (below taxes…