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5 Written questions

5 Matching questions

  1. Ratio Analysis
  2. Revenue
  3. Receivables Turnover
  4. Accounts Payable
  5. Inventory Turnover
  1. a money an organization owes its vendors and suppliers.
  2. b calculations that measure an organization's financial health
  3. c sales/total inventory
  4. d sales/accounts receivable
  5. e the entire amount of income before any deductions are made

5 Multiple choice questions

  1. net income/owner's equity
  2. a time-ordered list of account transactions
  3. profit/number of stock shares outstanding
  4. money an organization's customers owe the organization
  5. ratios that measure how much debt and organization is using relative to other sources of capital, such as owners' equity

5 True/False questions

  1. Profit Marginthe amount of money left over after expenses are taken out


  2. Return on Assetsnet income/assets


  3. Ledgera book or computer file with separate sections for each account


  4. Income Statementa summary of the revenue and expenses for a specific period of time, such as a month or a year.


  5. Profitability Ratiosratios that measure the speed with which a company can turn its assets into cash to meet short-term debt