ACC 291 Week 4 Chapter 14 Practice Quiz 1

In this file ACC 291 Week 4 Chapter 14 Practice Quiz 1 you can find right answers on the following questions:

  1. Comparisons of data within a company are an example of the following comparative basis:
  2. In horizontal analysis, each item is expressed as a percentage of the:
  3. In vertical analysis, the base amount for depreciation expense is generally:
  4. The data in the schedule is a display of vertical analysis because the individual asset items are expressed as a percentage of total assets. The following schedule is a display of what type of analysis?
  5. Sammy Corporation reported net sales of $300,000, $330,000, and $360,000 in the years, 2009, 2010, and 2011, respectively. If 2009 is the base year, what is the trend percentage for 2011?
  6. Which of the following measures is an evaluation of a firm's ability to pay current liabilities?
  7. A measure useful in evaluating the efficiency in managing inventories is:
  8. Financial statement information follows as of the end of each year. Compute the days in inventory for 2011
  9. Financial statement information follows as of the end of each year. Compute the current ratio for 2011.
  10. Financial statement information follows as of the end of each year. Compute the profit margin ratio for 2011.
  11. Financial statement information follows as of the end of each year. Compute the return on common stockholders
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    Attached: ACC 291 Week 4 Chapter 14 Practice Quiz 1.zip

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