Which of the following ratios is INCORRECTLY defined? Seleccione una: a. TIE= EBIT/InterestExpense b. ROE=NetIncome/Equity c. Sales Growth=Sales-PreviousSales/PreviousSales d. Days Inventory= Inventory/AverageDailyCostOfGoodsSold e. ROA=(NetIncome+InterestExpense)/Assets

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Which of the following ratios is INCORRECTLY defined?
Seleccione una:
a.
TIE= EBIT/InterestExpense
b.
ROE=NetIncome/Equity
c.
Sales Growth=Sales-PreviousSales/PreviousSales
d.
Days Inventory= Inventory/AverageDailyCostOfGoodsSold
e.
ROA=(NetIncome+InterestExpense)/Assets
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