94.
Comparative financial statements in which each individual financial statement amount is
expressed as a percentage of a base amount are called:
95.
Common-size statements:
96.
The common-size percent is computed by:
100.
97.
A corporation reported cash of $14,000 and total assets of $178,300 on its balance sheet.
Its common-size percent for cash equals:
98.
A corporation reported cash of $27,000 and total assets of $461,000 on its balance sheet.
Its common-size percent for cash equals:
99.
Current assets minus current liabilities is:
100.
Jones Corp. reported current assets of $193,000 and current liabilities of $137,000 on its
most recent balance sheet. The working capital is:
101.
Jones Corp. reported current assets of $193,000 and current liabilities of $137,000 on its
most recent balance sheet. The current ratio is:
102.
Jones Corp. reported current assets of $193,000 and current liabilities of $137,000 on its
most recent balance sheet. The current assets consisted of $62,000 Cash; $43,000
Accounts Receivable; and $88,000 of Inventory. The acid-test (quick) ratio is:
103.
Midsomer Corp. reported current assets of $390,900 and current liabilities of $337,000 on
its most recent balance sheet. The current assets consisted of $52,000 Cash; $63,000
Accounts Receivable; $87,000 Short-term Investments; $9,900 Prepaid Expenses and
$179,000 of Inventory. The company’s quick assets equal:
104.
Current assets divided by current liabilities is the:
105.
Quick assets divided by current liabilities is the:
106.
Net sales divided by Average accounts receivable, net is the:
107.
Hollander Company reported Net Sales of $1,375,000, beginning Accounts Receivable of
$67,200 and ending Accounts Receivable of $72,300. Average Accounts Receivable is:
108.
Powers Company reported Net Sales of $1,200,000 and average Accounts Receivable, net
of $78,500. The accounts receivable turnover ratio is:
109.
Powers Company reported Net sales of $1,200,000 and Accounts Receivable, net of
$78,500. The day’s sales uncollected (rounded to whole days) is:
110.
Dividing Accounts Receivable, net by Net Sales and multiplying the result by 365 is the:
111.
Dividing ending Inventory by Cost of Goods Sold and multiplying the result by 365 is the:
112.
Zhang Company reported Cost of Goods Sold of $835,000, beginning Inventory of $37,200
and ending Inventory of $46,300. The average Inventory amount is:
113.
Zhang Company reported Cost of goods sold of $835,000 and average Inventory of
$41,750. The Inventory turnover ratio is:
114.
Zhang Company reported Cost of goods sold of $835,000, beginning Inventory of $38,560
and ending Inventory of $41,750. The Days’ sales in inventory (rounded to whole days) is:
115.
Net sales divided by average total assets is the:
116.
Carducci Corporation reported Net Sales of $3.6 million and average Total Assets of $1.1
million. The total asset turnover is:
117.
Carducci Corporation reported Net Sales of $3.6 million and beginning Total Assets of $0.9
million and ending Total Assets of 1.3 million. The average total asset amount is:
118.
Net income divided by net sales is the:
119.
Martinez Corporation reported Net Sales of $765,000 and Net Income of $142,000. The
profit margin is:
120.
Net income divided by average total assets is:
121.
Clairmont Industries reported Net Income of $283,000 and average Total Assets of
$637,000. The return on total assets is:
122.
Annual cash dividends per share divided by market price per share is the:
123.
The market price of Horokhiv Corporation’s common stock at the end of the fiscal year
2016 was $47.50 and it declared and paid cash dividends of $3.28 per share. The dividend
yield ratio for 2016 is:
124.
How long a company holds inventory before selling it can be measured by dividing Cost of
Goods Sold by the average Inventory balance to determine the:
125.
A component of operating efficiency and profitability, calculated by expressing Net Income
as a percent of Net Sales, is the: