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QUESTION 3: Insolvency is immediately apparent by observing the ____________ ratio. debt ratio (debt to assets) inventory turnover total asset turnover current QUESTION 4: The
QUESTION 3: Insolvency is immediately apparent by observing the ____________ ratio.
debt ratio (debt to assets) | ||
inventory turnover | ||
total asset turnover | ||
current |
QUESTION 4: The balance sheet describes what aspect about the firm?
solvency | ||
market impact | ||
performance | ||
continuity |
QUESTION 5: Making changes to accounts just before the end of an accounting period, in order to make the firm look stronger than it actually is, is called
ratcheting | ||
float constructing | ||
spray painting | ||
window dressing |
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