Finance - Key Terms 4

Finance - Key Terms 4

11th Grade

10 Qs

quiz-placeholder

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Finance - Key Terms 4

Finance - Key Terms 4

Assessment

Quiz

Business

11th Grade

Medium

Created by

Leroy Salih

Used 9+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does non-current liabilities mean?

Short-term debts owed by the business

Current assets - current liabilities

Long-term debts owed by the business

Total assets - total liabilities

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does net current assets (working capital) mean?

Gross profit/sales revenue x 100

Current assets - current liabilities

Total assets - total liabilities

Operating profit expressed as a percentage of turnover

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does net assets mean?

Value of all favorable attributes that relate to a company

Current assets - current liabilities

Long-term debts owed by the business

Total assets - total liabilities

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does goodwill mean?

Value of all favorable attributes that relate to a company

Operating profit expressed as a percentage of turnover

Current assets - current liabilities

Total assets - total liabilities

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does ratio analysis mean?

Mathematical approach to investigating accounts by comparing two related figures

Value of all favorable attributes that relate to a company

Total assets - total liabilities

Current assets - current liabilities

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does gross profit margin mean?

Operating profit expressed as a percentage of turnover

Gross profit/sales revenue x 100

Total assets - total liabilities

Current assets - current liabilities

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does operating business margin mean?

Gross profit/sales revenue x 100

Operating profit expressed as a percentage of turnover

Current assets - current liabilities

Total assets - total liabilities

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