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Hi Sir John,
Sir today was my paper and I had passed the exam.
But I found a question in today’s paper in which I have confusion that I was right or wrong so I want your suggestion on it.
Question was like this :
How would each of the following performance measures be classified ?
PRODUCTION VOLUME =
CURRENT RATIO =
RESIDUAL INCOME =
WORKING CAPITAL CYCLE =
PICK LIST: PROFITABILITY , ACTIVITY , LIQUIDITY
Can be used more than once
Kindly Let me know what is the correct and appropriate answer for it.
Activity; liquidity; profitability; liquidity. (in that order)
Congratulations on passing the exam 🙂