1. Which of the following ratios is considered to be a more stringent measure of a company's ability to pay its current liabilities than the current ratio?

A equity ratio

B.acidminustest ratio

C.debt ratio

D.days' sales in receivables

2.What category of account is the Allowance for Uncollectible Accounts account?

A.contraminusexpense account

B. expense account

C.contraminusrevenue account

D.contraminusasset account

3. In 2017, Digital Asset Management Corp. (DAM) received $2,500,000 on collection from their customers. These cash receipts would be reported on Krane DAM's 2017 cash flow statement as a(n):

A. operating activity

B.financing activity

C.operating and investing activities

D. investing activity