Acc 557 week 11 chapter 14 quiz (2 sets) (updated one)

Week 11 Quiz, Chapter 14

 

Multiple Choice Question 52

 

Vertical analysis is also known as

 

 

 

 

Multiple Choice Question 98

 

A measure of the percentage of each dollar of sales that results in net income is

 

 

 

 

Multiple Choice Question 91

 

The current assets of Margo Company are $300,000. The current liabilities are $100,000. The current ratio expressed as a proportion is

 

 

 

 

 

 

 

 

 

Multiple Choice Question 61

 

Under which of the following cases may a percentage change be computed?

 

 

 

 

Multiple Choice Question 116

 

Net income does not appear in the numerator of the

 

 

 

 

Multiple Choice Question 99

 

West Company had $375,000 of current assets and $150,000 of current liabilities before borrowing $75,000 from the bank with a 3-month note payable. What effect did the borrowing transaction have on the amount of West Company’s working capital?

 

 

 

 

 

 

 

 

Multiple Choice Question 71

 

In performing a vertical analysis, the base for sales returns and allowances is

 

 

 

 

Multiple Choice Question 147

 

In 2012 Shum Corporation reported income from operations $180,000, interest expense $50,000, and income tax expense $40,000. Shum’s times interest earned ratio was:

 

 

 

 

Multiple Choice Question 51

 

Horizontal analysis is also called

 

 

 

 

 

 

 

 

 

 

 

Multiple Choice Question 165

 

Comparisons of data within a company are an example of the following comparative basis:

 

 

 

 

Multiple Choice Question 69

 

In performing a vertical analysis, the base for prepaid expenses is

 

 

 

 

Multiple Choice Question 88

 

Flake Company reported the following on its income statement:

Income before income taxes

$600,000

Income tax expense

150,000

Net income

$450,000

An analysis of the income statement revealed that interest expense was $50,000. Flake Company’s times interest earned was

 

 

 

 

Multiple Choice Question 42

 

In analyzing the financial statements of a company, a single item on the financial statements

 

 

 

 

 

Multiple Choice Question 163

 

Each of the following is a factor affecting quality of earnings except

 

 

 

 

 

Multiple Choice Question 46

 

A stockholder is interested in the ability of a firm to

 

 

 

 

 

Semester Papers
Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.