举一反三
- is the interest of the owners in an enterprise. Also known as owner's equity. A: Owner's equity B: Capital C: Assets D: Liabilities
- What type of ratio is revenue divided by average working capital and what type of ratio is average total assets divided by average total equity Revenue/Average working capital Average total assets/Average total equity ①A. Activity ratio Liquidity ratio ②B. Profitability ratio Liquidity ratio ③C. Activity ratio Solvency ratio A: ① B: ② C: ③
- The amount of assets per dollar of equity capital is called the _________
- Operating ROA is calculated<br/>as __________ while ROE is calculated as ____ A: EBIT/Total Assets; Net Profit/Total Assets B: Net Profit/Total Assets; EBIT/Total Assets C: EBIT/Total Assets; Net Profit/Equity D: Net Profit/EBIT; Sales/Total Assets
- The followinginformation pertains to Bundy Company: Totalassets $50,000 Totalcurrent liabilities 30,000 Totalexpenses 60,000 Totalliabilities 35,000 Totalrevenues 80,000 If invested capital isdefined as total assets, the return on investment is:
内容
- 0
What are the two types of business owners' equity? A: original capital B: invested capital C: retained earnings D: additional capital
- 1
If the liabilities owed by a business total $300,000 and owners equity is equal to $300,000, then the assets also total $300,000.()
- 2
Which of the following ratios will usually have the lowest percent? A: return on investment B: return on total equity C: return on common equity D: return on total assets
- 3
Which statement regarding the liabilities and owners’ equity section of balance sheet is False? A: Payment of Dividend Payable eliminates both the assets and the owners’ equity. B: Liabilities are debts or obligations that must be discharged in money or services in the future. C: Owners’ equity is a residual claim to the remaining assets after discharge of debts. D: Balance sheet of corporations should separate Capital Stock and Retained Earnings
- 4
If the credit to record the purchase of supplies on account is not posted, A: Liabilities will be understated. B: Expenses will be overstated. C: Assets will be understated. D: Stockholders’ equity will be understated.