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Which of the following statement is a correct description for 'profitability? It is the ability of business to payback its debt. It is the ability
Which of the following statement is a correct description for 'profitability?
It is the ability of business to payback its debt.
It is the ability of a business to provide financlal rewards enough to retain and attract financing.
None of the given options is correct.
It is the capability of business to generate revenues and meet its shortterm obilgation.
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Using Microsoft Excel And Access 20 For Accounting
Authors: Glenn Owen
5th Edition
133751229X, 9781337512299
