Earnings per share, return top top sales, and also return ~ above equity room all examples of:A. Turnover ratiosB. Profit ratiosC. Leverage RatiosD. Liquidity ratiosE. Sales ratio


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Marsh Supermarkets has actually an accounts receivable sales of 12. This method that a. Company"s sales number twelve times its accounts receivable figureb. The agency collects its account receivable around every thirty daysc. The agency has $12 in assets for every $1 the currentd. The company had $12 in assets for every $1 of current liabilities e. Twelfth of the company"s assets space financed by creditors
Using a loan indigenous his parents, Jeff starts his own landscaping business by to buy a lawn weed eater, trailer, and also truck for carrying his equipment. As soon as recording this transaction for a new business, the net results of this transaction come his company"s Balance sheet are: a. Owner"s equity increases and assets increaseb. Assets increase and also liabilities increasec. Liabilities increase and owners equity decreased. Heritage increase and also cash flow from investing decreasese. Liabilities increase and net income increases
An independent auditor"s obligation does no include:A. Reviewing financial statement adjustments and sampling selected accountsb. Preparing and also taking ultimate duty for a company"s gaue won statementsc. Reviewing a company"s gaue won statements d. Check conformity v GAAP in accordance with FASB e. Expressing an opinion regarding the company"s financial statements
A firm"s equity capital is required to it is in repaid to the shareholder within____a. 7 years b. Ten yearsc. One yeard. 3 yearse. Nobody of these
____________is the ready of a company-specific and performance internal company use just in bespeak to assist a company"s supervisors make good decisions a. External auditing b. Taxes accountingc. Managerial accountingd. Financial accountinge. Finance
All of the following are acceptable ways of stating the accountancy equation EXCEPT:a. Owner"s equity-liabilities= heritage b. Assets -liabilities= owners equityc.assets= shareholder"s equity + legal responsibility d. Legacy = liabilities + owners equity e.owners equity= assets -liabilities
The process of planning for money that will be offered for longer term (one year or longer) functions is calleda. Retained earningsb. Permanent financingc. Non-secured financingd. Funding budgetinge. Equity capital
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