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5 Written questions

5 Matching questions

  1. Times Interest Earned Ratio
  2. Double-Entry Bookkeeping
  3. Journal
  4. Assets
  5. Cash Flow
  1. a operating income/interest expense
  2. b the movement of money through an organization over a daily, weekly, monthly, or yearly basis
  3. c a firm's economic resources, or items of value that it owns, such as cash, inventory, land, equipments, buildings and other tangible and intangible things
  4. d a system of recording and classifying business transactions that maintains the balance of the accounting equation
  5. e a time-ordered list of account transactions

5 Multiple choice questions

  1. the actual cash received for each share owned
  2. accountants employed by large corporations, government agencies, and other organizations to prepare and analyze their financial statements
  3. net income/assets
  4. summary of a firm's financial information, products, and growth plans for owners and potential investors
  5. sales/accounts receivable

5 True/False questions

  1. Inventory Turnoversales/total inventory

          

  2. Debt Utilization Ratiosratios that measure how much debt and organization is using relative to other sources of capital, such as owners' equity

          

  3. Profit Marginnet income/sales

          

  4. Accounting Equationassets=liabilities+owner's equity

          

  5. Statement of Cash Flowsthe movement of money through an organization over a daily, weekly, monthly, or yearly basis