Question 3
A decrease in selling and administrative expenses would impact which of the following ratio?
Fixed asset turnover ratio
Debt-to-equity ratio
Current ratio
Times interest earned ratio
A decrease in selling and administrative expenses would impact which of the following ratio?
Fixed asset turnover ratio
Debt-to-equity ratio
Current ratio
Times interest earned ratio
Correct answer
Times interest earned ratio
Question 3 of 25 in the IIT Madras BS Financial Forensics (Financial Forensics) Quiz 2 paper sat on 6 Aug 2023, in the May 2023 term (IIT M DEGREE AN3 EXAM QPE3 06 Aug 2023). It carries 1 mark.