11. Which of the following statements concerning users of accounting information is incorreet? A) Present creditors are considered external users. B) Management is considered an internal user C) Regulatory authorities are considered internal users. D) Taxing authorities are considered external users 12. Which of the following is a measure of liquidity? A) Eanings per shane B) Working capital C) Debt to assets ratio D) Profit margin 13. A revenue generally A) B) C) D) leaves total assets unchanged. increases assets and liabilities. increases assets and stockholders' equity. increases assets and decreases stockholders' equity 14. Pinson Company began the year with retained carnings of $670,000. During the year, recorded revenues of $600,000, expenses of $380,000, and paid dividends the company of $140,000. What was Pinson's retained earnings at the end of the year? A) $1,130,000 B) $1,030,000 C) $600,000 D) $750,000 5. A business organized as a corporation A)is owned by its stockholders. B) has tax advantages over a proprietorship or partnership. requires that stockholders be personally liable for the debts of the business Dy-is not a separate legal entity in most states