Post Utme Rhema University 2017 Commerce Question 38

Practice objective / multiple choice question 38 from the 2017 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2017 Commerce Objective / Multiple Choice
Question 38 POST_UTME_RHEMA_UNIVERSITY • 2017 • COMMERCE • objective

A firm's financial statements show a decrease in revenue and an increase in expenses. Which of the following financial ratios would most likely be affected by this situation?

Answer Options

A. Debt-to-Equity Ratio
B. Current Ratio
Correct Answer C. Return on Equity (ROE)
D. Gross Margin Ratio
Correct Answer
C
Correct Option:
Return on Equity (ROE)

About This Question

This is Post Utme Rhema University 2017 Commerce Question 38. It is one of the objective questions from the 2017 Post Utme Rhema University Commerce examination.

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