wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A ratio of two variables from the income statement is known as __________ ratio.

A
Composite
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Balance sheet
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Income statement
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Liquidity
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is C Income statement
A ratio of two variable from the income statement is known as income statement ratio. For example Gross profit ratio which is the ratio of Gross profit to Sales, here both the figures are from income statement.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Comparative Financial Statement
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon