ACC 561 Week 2 Assignment Practice Quiz 100%Correct
ACC 561 Week 2 Assignment Practice Quiz 100%Correct
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Multiple Choice Question 115
The relationship between current assets and current liabilities is important in evaluating a company's
Entry field with correct answer
market value.
solvency.
profitability.
liquidity.
Multiple Choice Question 116
Which of the following is a measure of liquidity?
Debt to equity ratio
Profit margin
Working capital
Earnings per share
Multiple Choice Question 117
Current assets divided by current liabilities is known as the
capital structure.
working capital
current ratio.
profit margin.
Multiple Choice Question 88
Danner Corporation reported net sales of $600,000, $680,000, and $800,000 in the years 2011, 2012, and 2013, respectively. If 2011 is the base year, what percentage do 2013 sales represent of the base?
33%
133%
75%
113%
Multiple Choice Question 89
In analyzing financial statements, horizontal analysis is a
theory.
requirement.
tool.
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