QUESTION 11

The debt-to-total assets ratio is primarily a measure of:

		earnings-per-share
		solvency
		profitability
		liquidity

QUESTION 12

Customer satisfaction would be found on:

		the classified balance sheet.
		not on any financial statement.
		the multi-step income statement.
		the statement of retained earnings

QUESTION 13

If total liabilities decreased by $25,000 and stockholders' equity increased by $5,000 during a period of time, then total assets must change by what amount and direction during that same period?

		$30,000 increase
		$20,000 increase
		$25,000 increase
		$20,000 decrease