Current
liabilities when taken from current assets represent the equity of
owners.()
liabilities when taken from current assets represent the equity of
owners.()
举一反三
- Current liabilities are ______ from current assets to give net current assets.
- Owners' equity is measured by subtracting liabilities from assets. This sentence can be described as the following equation ______. A: ASSETS - LIABILITIES + OWNER'S EQUITY B: ASSETS - LIABILITIES = OWNER'S EQUITY C: OWNER'S EQUITY = ASSETS + LIABILITIES D: OWNER'S EQUITY = LIABILITIES - ASSETS
- Assets= liabilities + owners’ equity
- Which of the following are correct descriptions of Current ratio A: Current assets-current liabilities B: Current assets/current liabilities C: How much of the total current assets is financed by current liabilities D: Inventory days +receivable days-payable days
- 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.