ACC 205 Week 5 quiz | Assignment Help | Ashford University
- ashford university / ACC 205
- 30 Jan 2020
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ACC 205 Week 5 quiz | Assignment Help | Ashford University
Question 1
The current ratio is considered a liquidity ratio.
o
True
o
False
Question 2
The Quick Ratio equals current assets divided by
current liabilities.
o
True
o
False
Question 3
Debt service ratios determine a firm’s available
cash flow to meet operating expenses.
o
True
o
False
Question 4
When performing a vertical analysis on a firms
Income statement each financial figure is listed as a percentage of Cost of
Goods Sold.
o
True
o
False
Question 5
Ratio analysis is a preferred method of analyzing a
firm’s financial position because a firm cannot manipulate financial
information that would impact the value of the ratios.
o
True
o
False
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