1. The account Retained Earnings is a component of
   1. Assets
   2. Liabilities
   3. Owners Equity
   4. Revenue
2. An analyst concerned with a companys ability to pay its short-term obligations is most likely to calculate the companys
   1. Current ratio
   2. Debt to equity ratio
   3. Leverage ratio
3. A lessor will record interest income if the lease to its lessee is classified as
   1. A capital lease
   2. An operating lease
   3. Either a capital or an operating lease.