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A 499 Unit 4 Quiz

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A 499 Unit 4 Quiz
Unit 4 : Unit 4: Financial Reports: Evaluate financial reports - Practice Quiz

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1. The percentage of change in Property, Plant & Equipment (PP&E) between two balance sheet dates is an example of (Points : 1) | vertical analysis. solvency analysis. profitability analysis. horizontal analysis. | 2. The percent of Current to Total Liabilities is an example of (Points : 1) | vertical analysis. solvency analysis. profitability analysis. horizontal analysis. | 3. The number computed by subtracting current liabilities from current assets is: (Points : 1) | working capital. Net Income. the Current Ratio. gross income. | 4. Which of the following is a measure of the liquid position of a corporation? (Points : 1) | Earnings per share Inventory turnover Quick ratio Number of times interest charges earned | 5. Which of the following is included in the computation of the quick ratio? (Points : 1) | Prepaid rent Marketable securities Inventory Supplies | 6. Which of the following is NOT included in the computation of the quick ratio? (Points : 1) | Patents Marketable securities Accounts receivable Cash | 7. Which of the following ratios does NOT measure liquidity? (Points : 1) | Inventory Turnover ratio Working capital to total assets Current ratio Quick ratio | 8. Which of the following ratios does NOT measure efficiency or activity of an entity? (Points : 1) | Accounts receivable turnover Age of accounts receivable Net cash flow to current liabilities EPS | 9. The inventory turnover ratio (Points : 1) | measures management’s ability to productively employ all of its resources.

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