1. Beta measures:
A. the ability to diversify risk.
B. how an asset covaries with the market.
C. the actual return on an asset.
D. the standard of the assets' returns.
E. All of the above.
2. Ratios that measure how efficiently a firm uses its assets to generate sales are known as _____ ratios.
A. asset management
B. long-term solvency
C. short-term solvency
D. profitability
E. market value