Reference no: EM132968698

Problem 1: Which analysis tool expresses individual accounts as a percentage of another account in the same period?

Select one:

a. Diagonal analysis

b. Vertical analysis

c. Horizontal analysis

d. Segment analysis

Problem 2: A company's working capital would always be positive if its current ratio is

Select one:

a. A positive decimal between 0 and 1

b. Equal to 1

c. Negative

d. Greater than 1

A company's financial statements show the following numbers:

                              2018                       2017

Assets                  3,000            2,000

Liabilities             2,000              1,000

Sales Revenue      9,000             10,000

Expenses               8,400          5,200

Problem 3: The asset turnover for 2018 is:

Select one:

a. 33%

b. 28%

c. 3

d. 3.6