Chapter 15
Quiz by Julie Morris
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
10 questions
Show answers
- Q1The three main ways to analyze financial statements are horizontal analysis, vertical analysis, and ratio analysis.FalseTrue30s
- Q2The vertical analysis is the study of percentage changes in line items from comparative financial statements.FalseTrue30s
- Q3A business's ability to meet its short-term obligations with its current assetsCurrent ratioCash RatioWorking CapitalAcid-test ratio30s
- Q4The company's ability to pay current liabilities from cash and cash equivalentsCurrent RatioAcid-test ratioCash ratioWorking Capital30s
- Q5The company's ability to pay all its current liabilities if they came due immediatelyCurrent ratioCash ratioWorking capitalAcid-test ratio30s
- Q6The company's ability to pay current liabilities from current assetsCash ratioWorking capitalAcid-test ratioCurrent ratio30s
- Q7Current Assets - Current LiablitiesCash ratioAcid-test ratioCurrent ratioWorking Capital30s
- Q8What is not a red flag in financial statement analysisToo much debtIncreased cash flowBuildup of merchandise inventoriesEarnings problems30s
- Q9One single ratio can tell the whole picture of any company's performance and it is the rate of return on total assets.FalseTrue30s
- Q10These are all profitability ratios exceptProfit Margin RatioRate of Return on Total AssetsTimes-Interest-Earned ratioAsset Turnover Ratio30s