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5 Written questions

5 Matching questions

  1. Profitability Ratios
  2. Per Share Data
  3. Dividends Per Share
  4. Private Accountants
  5. Balance Sheet
  1. a data used by investors to compare the performance of one company with another on an equal, per share basis
  2. b accountants employed by large corporations, government agencies, and other organizations to prepare and analyze their financial statements
  3. c the actual cash received for each share owned
  4. d ratios that measure the amount of operating income or net income an organization is able to generate relative to its assets, owner's equity, and sales
  5. e statement of a firm's financial position at a particular time. "Snap-Shot"

5 Multiple choice questions

  1. the entire amount of income before any deductions are made
  2. a summary of the revenue and expenses for a specific period of time, such as a month or a year.
  3. 1. Examine source documents
    2. Record transactions
    3. Post transactions
    4. Prepare financial statements
  4. a firm's financial obligations to short-term creditors, which must be repaid within one year
  5. summary of a firm's financial information, products, and growth plans for owners and potential investors

5 True/False questions

  1. Liquidity Ratiosa straight measure of liquidity that eliminates inventory

          

  2. Accounting Equation1. Examine source documents
    2. Record transactions
    3. Post transactions
    4. Prepare financial statements

          

  3. Accounts Receivablemoney an organization owes its vendors and suppliers.

          

  4. Owner's Equity=assets-liabilities

          

  5. Double-Entry Bookkeepingsales/total inventory