Question

Which of the following is true of the financial metrics used to gauge a product's performance in the market?

A) They report important ratios for profits, costs, and assets.
B) They include measures of marketing performance, such as customer satisfaction, retention, and loyalty.
C) They allow a company to estimate its market share and customer value.
D) They are mainly external metrics of a product's performance in a particular market.
E) They provide insight into how the business or product is performing in the market.

Answer 1

The financial metrics used to gauge a product's performance in the market report important ratios for profits, costs, and assets.

Step-by-step explanation:

The correct answer is A) They report important ratios for profits, costs, and assets.

Financial metrics used to gauge a product's performance in the market provide insight into how the business or product is performing in the market. They report important ratios for profits, costs, and assets, which help companies assess the financial performance and profitability of their products. For example, metrics like gross profit margin, return on investment, and return on assets are commonly used to evaluate a product's financial performance. These metrics help companies understand the profitability of their products and make informed decisions to optimize their performance in the market.