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1.Which of the following ratios measures operating performance? A)Price Earnings B)Current C)Receivables Turnover D)Operating Cycle E) none of the above 2.Which of the following is

1.Which of the following ratios measures operating performance?

A)Price Earnings B)Current C)Receivables Turnover D)Operating Cycle E) none of the above

2.Which of the following is a source of cash? A) issuance of long term debt B)Increase in inventories C)Decrease in accounts payable D)Increase in accounts receivable E)None

3.Which of the following is added to net income to calculate cash flow?

a)Depreciation B)Increase in accounts receivable C) Increase in inventory D) Decrease in accounts payable E) None

4.Which of the following is an expense allocation scheme?

a)Cost of goods sold B) amortization C) Depreciation D) B and C E) None of the above

5.Which of the following is one gauge of the companys ability to meet its short-term obligations? A) Groos Margin B) Asset Turnover C) Profit Margin D) Working Capital E) None

6.Which of thr following ratios is not liquidty ratio?

a)Times interest Earned B) Current C)Quick D)Inventory turnover E)None of the above

7.The stock market values a company based on which of the following accounts? A) Assets B) Liabilities C) Capital Stock D)Retained Earnings E) None of the above

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