Answers the question: How is a company's net worth concentrated, and what kinds of assets would need to be liquidated to satisfy all creditors?

A. Debt-to-Tangible Net Worth

B. Debt-to-Worth

c. Net Fixed Assets to Tangible Net Worth

D. Leverage Considering Subordinated Debt as Net Worth

If a business reports an increase in working capital from one year to the next, which or the rollowing are true about the business?

1. The business has more current assets to meet current liabilities than in the prior year Il. Current assets have more support from long-term funding sources than in the prior year II. The business has lower noncurrent assets than in the prior year IV. The business has higher levels of cash and equivalents than in the prior

year

A. I&II

B. I& Ill

C. Ill. &IV

D. Il, IlI, & IV

Leverage measures DO NOT:

I. Determine repayment ability. Il. Indicate if asset and liability levels are appropriate. IIl. Measure cash flow. IV. Provide a means of gauging the degree of risk associated with lending to the company.

A. I&II

B. II & III

C. I, II, & Ill

D. III,IV

What is the current ratio for a company with:

*Total current assets of 9,376 Total noncurrent assets of 18,227 Total current liabilities of 3,490 Total noncurrent liabilities of 10,157

A. 0.37

B. 2.69

c. 1.79

D. 5.22