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

   		earnings-per-share
   		solvency
   		profitability
   		liquidity

2.5 points

QUESTION 12

1. 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

2.5 points

QUESTION 13

1. 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