Multiple Choice
Match the terms with the definitions.
-The excess of a company's current assets over current liabilities.
A) accounts receivable turnover
B) book value per share
C) working capital
D) current ratio (working capital ratio)
E) earnings per share
F) gross profit ratio
G) vertical analysis
H) times interest earned ratio
I) leverage measures
J) return on common stockholders' equity
K) quick ratio (acid-test ratio)
L) profitability
M) operating expense ratio
Correct Answer:

Verified
Correct Answer:
Verified
Q35: The accounts receivable turnover measures how promptly
Q36: Dividing cost of goods sold by the
Q37: The quick or acid-test ratio is calculated
Q38: Use the following comparative income statements and
Q39: Total liabilities divided by total stockholders' equity
Q41: Match the terms with the definitions.<br>-The ratio
Q42: The cost of goods sold for a
Q43: Match the terms with the definitions.<br>-The ratio
Q44: The return on total assets is calculated
Q45: Match the terms with the definitions.<br>-It is