ACC 205 Week 5 Quiz 3 | Assignment Help | Ashford University
- ashford university / ACC 205
- 30 Jan 2020
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ACC 205 Week 5 Quiz 3 | Assignment Help | Ashford University
Question 1
Common-size financial
statements means___________________.
o
There is nothing outside the ordinary
o
Scaling the dollar amounts within the
financial statements to percentage terms
o
All information must fit on one page
o
Nothing that is not a term used with
financial statements or analysis
Vertical analysis of a
financial statement involves_______________.
o
Analyzing one period of financial data
to another
o
Setting total assets as the base (100%)
figure
o
Setting net income as the base (100%)
figure
o
Measuring each expense category as a
percentage of sales
Horizontal analysis of
a financial statement involves______________.
o
Analyzing one period of financial data
to another
o
Setting total assets as the base (100%)
figure
o
All of the items listed here
o
Analyzing trends
Question 4
Which of the following
would not be considered a liquidity ratio?
o
Times interest earned
o
Quick ratio
o
Working capital
o
Current ratio
Question 5
Which of the following
would not be considered a debt service ratio?
o
Times interest earned
o
Debt to total assets
o
Debt to equity
o
All of these are considered debt service
ratios
Question 6
Turnover analysis
indicates______________.
o
How a firm turns over a new leaf
o
A firm’s ability to make money
o
A firm’s ability to collect receivables
o
Expenses associated with operating the
firm’s core business functions
Gross profit
margin_________________.
o
Examines profitability in relation to
sales
o
Examines profitability in relation to
cost of goods sold
o
Examines profitability in relation to
total assets employed
o
Examines profitability in relation to
debt undertaken
Question 8
Earnings per share
(EPS) is considered to be________________.
o
A debt service ratio
o
A liquidity ratio
o
A profitability ratio
o
An activity ratio
Question 9
Dividend yield is
determined by___________________________.
o
Dividing assets by liabilities
o
Dividing the annual cash dividend by the
market price per share of the company stock
o
Dividing the market price per share of
the company stock by the annual cash dividend
o
Dividing liabilities by assets
Question 10
Book value per
share___________________.
o
Measures the value of an asset less
depreciation
o
Measures the firm’s ability to service
debt
o
Measures the sales value of the company
to a potential purchaser
o
Measures the amount of stockholders
equity represented by each share of common stock
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