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WorksheetsBEA _Nov2025
Total questions: 10
Worksheet time: 5mins
When Expenses are greater than Revenue a company has _______?
NET LOSS
NET PROFIT
Shareholders Equity
Liabilities
Financial Statements are ?
Reports by consultants who are hired to analyze operations
Report that states who is responsible for the business
Documents that tell us how a business is performing
Documents that disclose who the shareholders of the corporation are
All of the following Accounts would be considered Assets except for _____
Cash
Inventory
Equipment
Common Shares
The most Liquid Asset a company has is ___?
Inventory
Cash
Accounts Receivable
Human Capital
A ratio that compares an investors and creditors stake in the company is called
Debt ratio
Debt to Equity ratio
Equity Ratio
Profit Margin Ratio
Net Working Capital is a Measure of a Company's ability to ___
Finance Long Term Debt
Reduce Expenditures
Pay its short term debt obligations
Increase Revenue
Assets - Liabilities = _____?
Net Income
Owners Equity
Net Sales
Cash Flow
An Income Statement includes which of the Following
Inventory & Cash
Liquidity and Current Assets
Assets, Liabilities and Owners Equity
Expenses, Revenue, Net Income, Net Loss
Who said Compound Interest is the 8th wonder of the world?
John F. Kennedy
Taylor Swift
Albert Einstein
Brad Pitt
The formula to calculate Return on Assets is
Net Income divided by Sales
Units x Price
Net Income divided by Liabilities
Net Income divided by Assets
