A liquidity ratio measures

Assignment Help Accounting Basics

Reference no: EM13392158

1. A liquidity ratio measures the

a. percentage of total financing provided by creditors.

b. income or operating success of a company over a period of time.

c. short-term ability of a company to pay its maturing obligations and to meet unexpected needs for cash.

d. ability of a company to survive over a long period of time.

2. The convention of consistency refers to consistent use of accounting principles

a. within industries.

b. among firms.

c. among accounting periods.

d. throughout the accounting periods.

3. Horizontal analysis is also known as

a. trend analysis.

b. common size analysis.

c. linear analysis.

d. vertical analysis.

4. Horizontal analysis is a technique for evaluating a series of financial statement data over a period of time

a. that has been arranged from the lowest number to the highest number.

b. to determine the amount and/or percentage increase or decrease that has taken place.

c. that has been arranged from the highest number to the lowest number.

d. to determine which items are in error.

5. Vertical analysis is a technique that expresses each item in a financial statement

a. as a percent of a base amount.

b. in dollars and cents.

c. as a percent of the item in the previous year.

d. starting with the highest value down to the lowest value.

Reference no: EM13392158

Questions Cloud

Explore the career trends of health professionals in : analyze the dual role of a manager and healthcare professional. examine challenges that the health professional

Seasons manufacturing manufactures a product with a unit : seasons manufacturing manufactures a product with a unit variable cost of 100 and a unit sales price of 176. fixed

Assume caribbean government facing budget deficits asked : suppose a caribbean government facing budget deficits asked their economic advisers to solve the following problem they

As an administrator address the challenges of employee : as an administrator address the challenges of employee recruitment and retention of health care professionals.

A liquidity ratio measures : 1. a liquidity ratio measures thea.percentage of total financing provided by creditors.b.income or operating success of

Examine how participative leadership functions in nowdays : examine how participative leadership functions in todays modern health care organization and compare it to other types

What are the different types of data and research : during an office meeting members of your marketing team tell you that they would like to know the different types of

Which of the following is an advantage of corporations : 1. which of the following is an advantage of corporations relative to partnerships and sole proprietorships?a.most

D you think that feds actions must be head-spinning ie : charles calomiris an economist at columbia university said the following about the initiatives of the treasury and the

User Account

All Pages