Earnings every share, return on sales, and return on equity space all examples of:A. Sales ratiosB. Profitability ratiosC. Leverage RatiosD. Liquidity ratiosE. Sales ratio


You are watching: Debts owed by a business are referred to as

Marsh Supermarkets has actually an accounts receivable turnover of 12. This means that a. Company"s sales figure twelve time its account receivable figureb. The firm collects its account receivable around every thirty daysc. The firm has $12 in assets because that every $1 the currentd. The company had $12 in assets because that every $1 of existing liabilities e. Twelfth the the company"s assets room financed by creditors
Using a loan native his parents, Jeff start his own landscaping business by to buy a lawn weed eater, trailer, and also truck for carrying his equipment. Once recording this transaction for a new business, the net impacts of this transaction come his company"s Balance paper are: a. Owner"s equity increases and also assets increaseb. Heritage increase and also liabilities increasec. Liabilities increase and owners equity decreased. Assets increase and cash flow from investing decreasese. Legal responsibility increase and also net earnings increases
An live independence auditor"s responsibility does not include:A. Reviewing financial statement adjustments and also sampling selected accountsb. Preparing and taking ultimate duty for a company"s financial statementsc. Reviewing a company"s gaue won statements d. Check conformity with GAAP in accordance v FASB e. To express an opinion regarding the company"s jae won statements
A firm"s equity capital is forced to it is in repaid come the shareholders within____a. Seven years b. Ten yearsc. One yeard. 3 yearse. None of these
____________is the preparation of a company-specific and also performance internal agency use only in bespeak to aid a company"s supervisors make an excellent decisions a. Exterior auditing b. Taxes accountingc. Managerial accountingd. Gaue won accountinge. Finance
All that the complying with are acceptable methods of stating the accounting equation EXCEPT:a. Owner"s equity-liabilities= heritage b. Assets -liabilities= owner equityc.assets= shareholder"s equity + legal responsibility d. Legacy = liabilities + owner equity e.owners equity= assets -liabilities
The procedure of planning because that money that will certainly be provided for much longer term (one year or longer) functions is calleda. Preserved earningsb. Irreversible financingc. Non-secured financingd. Resources budgetinge. Equity capital
*

*

*



See more: Sprocket The Dog From Fraggle Rock, Fraggle Rock Dog

*