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What is the onder in which assets are generally listed on sheet? a. Current and long-term . Current property, plant and e. Current property, plant

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What is the onder in which assets are generally listed on sheet? a. Current and long-term . Current property, plant and e. Current property, plant and (d Current, long-term investments s property, plant and equipment, intangibles 6. Which of the following is a measure of liquidity a.) Working capital b. Profit margin e. Earnings per share d. Debt to assets ratio 7. Issuing new shares of common stock will a. increase retained earnings b. decrease retained earnings. c. increase common stock d. decrease common stock. 8. A short-term creditor is primarily interested in the of the borrower liquidity b. profitability c. consistency d. solvency 9. Ace Company is a retail store. Due to competition, it is having trouble selling its products. Thus, inventory has been building up. Ace's current ratio has not changed for the past three years, in spit of the inventory build up. Which of the following statements is true? a. As long as the current ratio remains constant, there is no need for concen. Page 2

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