Home / Aptitude Tests / Accounting / The ratio which meas...

The ratio which measures the solvency of a firm is the

The ratio which measures the solvency of a firm is the

A.

Quick ratio

B.

Gross profit over sales ratio

C.

Stock turnover ratio

D.

Debtors turnover ratio

View answer & explanation

Correct answer is A

No explanation has been provided for this answer.

See all Accounting questions & answers
See more WAEC questions & answers
Similar Questions

In converting single entry to final account, the balancing figures on the income and expenses accoun...

Bala ltd acquired the business of bello ltd and caused the separate existence of the latter company ...

2/3 Purchases 900 books at #1,000 each 4/3 Purchases 590 books at # 950 each 15/3 Sales 300 books ...

The petty cash account has an imprest of GH¢36,000 and a debit balance of GH¢10,000 at the...

The federal government approved N140m to local governments W, X, Y and Z. The amount is to be shared...

What is the total income for the period? ...

Use the following information to answer the given question: SALES LEDGER CONTROL ACCOUNT \(\begi...

When precision for depreciation account is maintained, the annual charge for depreciation shall be ...

The bank column in the cash book shows a credit balance of N180. This means ...

Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...

Aptitude Tests

Nigeria General Knowledge Questions and Answers

Abstract Reasoning Questions and Answers

Personality Test

Spatial Reasoning Questions and Answers

Quantitative Reasoning Questions and Answers

Data Interpretation Questions and Answers

Typing Speed and Accuracy Test

Puzzles Questions and Answers

Microsoft Office Questions and Answers

Numerical Reasoning Questions and Answers

Logical Reasoning Questions and Answers

Situational Judgement Questions and Answers

Verbal Reasoning Questions and Answers

See all →