Review of Week 10

______are the cumulative net earnings or profits of a company after accounting for dividend payments.

• Revenues

• Shareholders' equities

• Retained earnings

• Total assets

The ____ is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables.

• Debt ratio

• current ratio

• quick ratio

• financial leverage

Which of the followings does not belong to cash equivalents?

• commercial paper

• term deposits

• treasury bills

• money market funds

____ refers to how readily an asset can be converted into other types of assets, or is used to buy services or satisfy obligations.

• Current asset

• Liquidation

• Bankruptcy

• Liquidity

A ____ is a small amount of company cash, often kept on hand (e.g., in a locked drawer or box), to pay for minor or incidental expenses, such as office supplies or employee reimbursements.

• miscellaneous expense

• savings account

• demand deposit

• petty cash fund