Problem : For each of the ratios listed below, indicate by the appropriate code letter, whether it is a liquidity ratio, a profitability ratio, or a solvency ratio.
Code:
L = Liquidity ratio
P = Profitability ratio
S = Solvency ratio
1. Price-earnings ratio
2. Free cash flow
3. Debt to total assets ratio
4. Earnings per share
5. Current ratio