?$6$an $-$ ?Which one of the following alternatives is correct about the gross profit percentage?

a$.$

It reflects the total sales revenue retained after settling all financial obligations.

b$.$

It measures the entity's ability to generate profit without considering operating expenses.

c$.$

It measures the efficiency of inventory management only.

d$.$

It indicates the proportion of debt used compared to equity.

e$.$

It is calculated as the ratio of net income to total equity$\mathrm{.}7$an $-$ ?What is the primary purpose of the times interest earned ratio in financial statement analysis?

a$.$

To determine the speed at which a company can increase its revenue.

b$.$

To calculate the proportion of liquid assets available to cover immediate liabilities.

c$.$

To measure how effectively an entity is generating earnings before interest and tax to cover its interest obligations.

d$.$

To assess the number of times an entity$’$s assets cover its shareholder investments.

e$.$

To establish the entity$’$s capacity to pay dividends to its shareholders$\mathrm{.}7$c$-$ ?What is primarily reported in the cash flows from financing activities section of a Statement of Cash Flows?

a$.$

All operational expenses paid in cash within the reporting period.

b$.$

Cash flows from sales revenue and service income.

c$.$

Cash transactions related to acquiring and disposing of investments.

d$.$

Cash flows from the purchase and sale of inventory.

e$.$

Future claims on cash involving activities that finance the entity and investments.