1. What is the measurement basis for Marketable Securities?

Question 6 7 pts A measure of a company's financial flexibility is Return on assets ratio Return on sales ratio Free cash flow Accounts receivable turnover ratio Question 7 7 pts Which of the following is not an accounting change? Change in accounting principle Change in accounting estimate Change in a reporting entity Change because of an error 2 Question 8 7 pts A change in the method of inventory pricing from FIFO to LIFO would be accounted for as a (an): Part of discontinued operations Part of gross profit Change in accounting principle Change in estimate