SAT. S 115. Accounting terminology Listedbelow are eight technical accounting terms introduced in this chapter: Current ratio Return on assets Priceleamings ratio Quick ratio Market shre Eanings per share Debt ratioWorking capital Each of the following statements may (or may not) describe one of these technical terms. For each statement, indicate the term described, or answer "None" if the statement does not correctly describe any 9 / Debt Ratio: The percentage of total assets financed by creditors. of the terms. Return on assets: A measure of the effectiveness with which management u regardless of how those resources are financed. Market Share: A company's percentage share of total dollar sales within its industry. Working Capital: Current assets less current liabilities. P/E Ratio: A measure reflecting investors expectations of future profitability Quick Ratio: A measure of short-term solvency often used when a company has large inventories that cannot be quickly converted into cash. EPS: A ratio that helps individual stockholders relate the net income of a large corporation to their equity investment CA Cum. Ratios Tht ladb