Which ratio e an indication of the salability of company the Account receivable turnover Current ratio Inventory turnover Gross profit margin Which of the following is one measure of liquidity? ratio Times-interest-earned ratio Quick ratio None of the above Return on assets is computed as: Net income/Average stockholders' equity Net income/Average total assets Sales x Asset turnover Gross Margin x Net Income Benowitz Company's net income was $150,000 for 2015. $162, 500 for 2016, and $167 520 for 2017. Assume trend percentages for net income over the three-year period are computed, with 2015 serving as the base year. The percentage for 2017's net income is 100.00% 103.09% 111.68% 73.62% To qualify as a cash equivalent, an investment must be: Easily convertible into a known cash amount Three months or more from maturity Over $500,000 in amount All of the above With reference to the reporting of net cash flow from operating activities, which method do most companies use an why? Indirect method because it provides better information for decision making Direct method because it is based on the accrual basis of accounting Direct method because it requires a supplemental indirect method section indirect method because it is less expensive to prepare Management Accountants provide information that is Timely Relevant Useful for making decisions Easily accessible to management All of the above Managerial Accounting provides information which is primarily is primary useful for. Helping banks know whether to loan money to a company setting a company's stock price on the stock exchanges Determining how much a company owes the profitability of the Helping managers plan, manage, and make strategic decisions regarding the growth and company