Question
1.What does price-to-earnings (PE) ratio tell us about a company? A Shows average performance in the past B Shows expectations about future C Shows the
1.What does price-to-earnings (PE) ratio tell us about a company?
A Shows average performance in the past
B Shows expectations about future
C Shows the liquidity of the company
D Shows how well working capital is managed
2.
A business has opening capital 150,000; closing capital 175,000 and the owner withdrew 20,000 from capital during the year. What was the profit/loss for the year?
A 25,000 profit
B 25,000 loss
C 45,000 loss
D 45,000 profit
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Financial and Managerial Accounting Information for Decisions
Authors: John Wild, Ken Shaw, Barbara Chiappetta
5th edition
978-1259317552, 1259317552, 978-0078025600, 78025605, 978-1259335013, 1259335011, 978-1259347641
