• 2022-05-29
    Two common subgroups for liabilities on a classified balance sheet are:
    A: current liabilities
    and intangible liabilities.
    B: present liabilities
    and operating liabilities.
    C: general liabilities
    and specific liabilities.
    D: intangible
    liabilities and long-term liabilities.
    E: current liabilities
    and long-term liabilities.
  • E

    内容

    • 0

      Liabilities are generally classified into( )and ( ).(2分) A: current liabilities、Non-current liabilities B: current assets、long-term assets C: accounting payable、intangible asset D: fixed asset、intangible asset

    • 1

      The current ratio is measured as: A: current assets minus current liabilities. B: current assets divided by current liabilities. C: current liabilities minus inventory, divided by current assets. D: cash on hand divided by current liabilities. E: current liabilities divided by current assets.

    • 2

      The quick ratio is measured as: A: current assets divided by current liabilities. B: cash on hand plus current liabilities, divided by current assets. C: current liabilities divided by current assets, plus inventory. D: current assets minus inventory, divided by current liabilities. E: current assets minus inventory minus current liabilities.

    • 3

      In a merger, the acquiring firm assumes all liabilities of the target firm. Assumed liabilities include all but which of the following? A: Current liabilities B: Long-term debt C: Warranty claims D: Fully depreciated operating equipment E: Off-balance sheet liabilities

    • 4

      The cash ratio is measured as: A: current assets divided by current liabilities. B: current assets minus cash on hand, divided by current liabilities. C: current liabilities plus current assets, divided by cash on hand. D: cash on hand plus inventory, divided by current liabilities. E: cash on hand divided by current liabilities.