BM501 Module 41.2

BM501 Module 41.2

12th Grade

5 Qs

quiz-placeholder

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BM501 Module 41.2

BM501 Module 41.2

Assessment

Quiz

Mathematics

12th Grade

Practice Problem

Hard

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

During the second quarter of the year, the assets of a cement manufacturing company are: cash, SAR 203,562.50; merchandise inventory; SAR 152,209.25; accounts receivable, SAR 139,327.68; equipment, SAR 746,098.35; building, SAR 424,752.00. Determine the current assets of the company.

SAR 1,665,949.78

SAR 495,099.43

SAR 1,170,850.35

SAR 475,990.43

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A computer accessories store's assets and liabilities at the end of the year were: cash, SAR 296,896.85; accounts receivable, SAR 109,023.96; merchandise inventory, SAR 275,080.34; equipment, SAR 307,156.65; building, SAR 340,276; accounts payable, SAR 105,300.89; 3-year loan, SAR 198,400.00.

Calculate the total liabilities of the company.

SAR 377,300.26

SAR 647,432.65

SAR 681,001.15

SAR 303,700.89

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A computer accessories store's assets and liabilities at the end of the year were: cash, SAR 296,896.85; accounts receivable, SAR 109,023.96; merchandise inventory, SAR 275,080.34; equipment, SAR 307,156.65; 

building, SAR 340,276; accounts payable, SAR 105,300.89; 3-year loan, SAR 198,400.00. 

Calculate the equity of the company.

SAR 951,133.54

SAR 1,024,732.91

SAR 1,328,433.80

SAR 984,702.04

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following refer to any resources with economic value that a company or corporation owns or controls?

Equities

Liabilities

Profits

Assets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial obligations of a company to other parties such as banks, lending institutions, and suppliers are called ________.

Assets

Equities

Liabilities

Profits

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