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Select the most appropriate alternative from those given below and rewrite the sentences:

i. ROCE should be __________ than ROI. 

(a) less 

(b) higher 

(c) equal 

(d) none of these

ii. Ideally liquid ratio/quick ratio should be _________ 

(a) 1 : 2 

(b) 1 : 1 

(c) 2 : 1 

(d) 1 : 3

iii. Gross/Net profit ratio expressed in ________ 

(a) number 

(b) ratio 

(c) percentage 

(d) words

1 Answer

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Best answer

i. (b) higher

ii. (b) 1 : 1

iii. (c) percentage

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