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Quiz 2 and 3 Business Finance

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

The language of business.

(a)  

2.

Business owned by one person.

(a)  

3.

A buy and sell type of business.

(a)  

4.

Refer to how the company is using its assets to generate sales and profit.

(a)  

5.

The ability of the firm to pay off the current liabilities with the current assets it possesses.

(a)  

6.

Type of business that makes finished goods from raw materials.

(a)  

7.

It measures how a business can survive in the long run.

(a)  

8.

The ability to pay long term liabilities.

(a)  

9.

It shows where a company’s money came from, where it went and where it is now.

(a)  

10.

Business owned by its shareholders.

(a)  

11.

Business owned by two or more owners.

(a)  

12.

It is also known as trend analysis.

(a)  

13.

Also known as common size.

(a)  

14.

Measures the over all profitability of company.

(a)  

15.

Measures the average mark up on products sold.

(a)  

16.

Measures the percentage of assets funded by creditors.

(a)  

17.

Measures the average number days before the inventory is replaced.

(a)  

18.

The product has been sold, but the costumer did not pay in cash.

(a)  

19.

Indicates the percentage of assets funded by the owners.

(a)  

20.

Also known as a working capital ratio .

(a)