Question: Select one for each: Select one: X Company is more profitable X Company is more liquid X Company is more solvent Y Company is more



Select one for each:
Select one:
X Company is more profitable
X Company is more liquid
X Company is more solvent
Y Company is more profitable
Y Company is more liquid
Y Company is more solvent
Z Company is more profitable
Z Company is more liquid
Z Company is more solvent
The number of times interest is earned for three companies is as follows: X Company: 7.8 Y Company: 5.1 Z Company: 10.9 Number of times interest is earned = earnings before interest and taxes / interest expense Based on this than both of the other two companies. The return on investment (also known as return on assets) ratio for three companies is as follows: X Company: 7.9% Y Company: 10.2% Z Company: 8.7% Return on investment = (net income / average total assets) Based on this, than both of the other two companies. The current ratio for three companies is as follows: X Company: 1.8 Y Company: 2.4 Z Company: 2.1 Current ratio = (current assets / current liabilities) Based on this, than both of the other two companies
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