Would the following ratios be useful in measuring the profitability of a firm Ratio 1: Cash plus short-term marketable investments plus receivables divided by average daily cash expenditures. Ratio 2: Earnings before interest and taxes divided by average total assets. Ratio 1Ratio 2()①A. No No ②B. Yes Yes ③C. No Yes
A. ①
B. ②
C. ③