1. Question: In the _____________, earnings per share amount are compared with the market price of the stock.

    A
    Quick Ratio

    B
    Pricing Earnings Ratio

    C
    Current Ratio

    D
    Accounts Payable Turnover Ratio

    Note: Answer not sure
    1. Report
  2. Question: In computing the rate of return on common shareholders' equity, do dividends on preferred stock have to be added to net income?

    A
    Yes

    B
    No

    C
    Depends on whether the company is public or private

    D
    More information is needed

    Note: Answer not sure
    1. Report
  3. Question: The _______________ is the financial statement that presents the results of earnings activity over time.

    A
    Balance Sheet

    B
    Income Statement

    C
    Cash Flow Statement

    D
    Retained Earnings Statement

    Note: Answer not sure
    1. Report
  4. Question: Which of the following ratios would probably NOT be used to analyze the Total Assets Turnover Ratio?

    A
    Fixed Asset Turnover

    B
    Accounts Receivable Turnover

    C
    Inventory Turnover

    D
    Long-Term Debt Ratio

    Note: Answer not sure
    1. Report
  5. Question: XYZ Company's retained earnings increased by $100,000 during the year. Also during the year, dividends totaling $22,500 were declared and paid to shareholders. What was XYZ Company's net income for the year?

    A
    $22,500

    B
    $77,500

    C
    $100,000

    D
    $122,500

    Note: Answer not sure
    1. Report
  6. Question: The _____________ considers the availability of liquid assets to cover various levels of debt. For a financially healthy firm, the ratio should be 20 percent or more.

    A
    Current Ratio

    B
    Quick Ratio

    C
    Cash Flow from Operations to Total Liabilities Ratio

    D
    Inventory Turnover

    Note: Answer not sure
    1. Report
  7. Question: The _______________ represent/s the earnings, or profits, in excess of dividends distributed to shareholders that have been realized by the firm since its formation.

    A
    Retained Earnings

    B
    Assets

    C
    Cash

    D
    Liabilities

    Note: Answer not sure
    1. Report
  8. Question: Which of the following would NOT appear on an Income Statement?

    A
    Rent Expense

    B
    Salaries Payable

    C
    Sales Revenue

    D
    Cost of Goods Sold

    Note: Answer not sure
    1. Report
  9. Question: Which of the following ratios measures the firm's performance in generating earnings that are assignable to the common shareholders' equity?

    A
    Rate of Return on Common Shareholders' Equity

    B
    Debt Equity

    C
    Return on Assets

    D
    Accounts Payable Turnover

    Note: Answer not sure
    1. Report
  10. Question: Which of the following represents a measure of the assets provided by the original shareholder in exchange for an ownership interest in the firm?

    A
    Shareholders' Equity

    B
    Retained Earnings

    C
    Cash

    D
    Assets

    Note: Answer not sure
    1. Report
Copyright © 2024. Powered by Intellect Software Ltd