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Which of the following is a solvency ratio?

Which of the following is a solvency ratio?

Which of the following is a solvency ratio?

Question 7 options:

Debt to total assets ratio.

Return on assets ratio.

Acid-test ratio.

Asset turnover ratio.

8) Wilson Company had inventory of $660,000 and $540,000 on December 31, 2013, and December 31, 2014, respectively. Cost of goods sold for 2014 was $4,200,000. Average days to sell the inventory is approximately:


Question 8 options:

57.4.

6.4.

52.1.

46.9.

 

9) Which of the following statements is true?

Question 9 options:

The acid-test ratio applies to manufacturing companies but not to service or retailing businesses.

The price-earnings ratio is a long-term solvency ratio.

High asset turnover is a sign of efficient use of assets.

The current ratio measures the current profitability of the owners' investment.

 

11) A transaction involving a loss on the disposal of equipment with the indirect method of presentation affects cash provided (used) by:

 

Question 11 options:

operations and investing activities.

operations, financing activities, and investing activities.

financing activities and investing activities.

operations and financing activities.

Roshan kumar 08-Nov-2017

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