Question

11. Which of the following are not intangible assets
a. Patents
b. Copyrights
c. Trademarks
d. Contracts
e. None of the above
f. All of the above
12. Which of the following are not considered as PPE
a. Undeveloped land
b. ..
c. ..
d. Warehouse
e. None of the above
f. All of the above
13. Which of the following financial ratios is considered as efficiency
a. ROS
b. ROA
c. ROE
d. EPS
e. None of the above
f. All of the above
14. Which of the following financial ratio is considered as solve
a. Price earning ratio
b. Current ratio
c. Inventory turnover ratio
d. Receivable turnover ratio
e. None of the above
f. All of the above
15. Which of the following financial ratio is considered as …
a. Working capital
b. ..
c. ..
d. ROA
e. None of the above
f. All of the above
pls help finding correct answer

Answer 1

11. Option D is the correct answer. A contract is a legal agreement between two or more parties creating an obligation to do or abstain from doing something. Therefore, it in itself is not an asset or a tangible asset.

12. Since Option B and C is not given, the correct answer stands to be Option E none of the above because both Undeveloped Land and Warehouse are covered under PPE.

13. Option B is the correct answer. Return on Assets is a profitability ratio which provides how efficiently a company uses its resources to generate profit.

14. Option B is the correct answer.

15. Option D is the correct answer.