Financial Aspects

Financial Aspects

University

10 Qs

quiz-placeholder

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Financial Aspects

Financial Aspects

Assessment

Quiz

Financial Education

University

Practice Problem

Hard

Created by

Thu Hà Lưu

Used 1+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Which of the following is not a current asset account?

Inventory

Prepaid Insurance

Equipment

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Current assets DIVIDED BY current liabilities is the __________.

Current Ratio

Net Worth Ratio

Working Capital

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

The quick ratio EXCLUDES which of the following accounts?

Accounts Receivable

Inventory

Cash

4.

MULTIPLE CHOICE QUESTION

3 mins • 5 pts

Media Image

The company's current ratio is __________.

2.1

2.0

1.9

5.

MULTIPLE CHOICE QUESTION

3 mins • 5 pts

Media Image


The company's quick ratio is __________.

1.0

2.0

0.7

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt


Which of the following will likely have the reported amounts on the balance sheet closest to their current value?

Current Assets

Long-term Assets

Stockholders' Equity

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

A corporation's excellent reputation will be listed among the corporation's assets on its balance sheet.

True

False

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