Earnings per share, return ~ above sales, and also return ~ above equity space all instances of:A. Sales ratiosB. Benefit ratiosC. Leverage RatiosD. Liquidity ratiosE. Sales ratio


You are watching: Debts owed by a business are called quizlet

Marsh Supermarkets has an accounts receivable turnover of 12. This way that a. Company"s sales number twelve time its account receivable figureb. The firm collects its account receivable around every thirty daysc. The agency has $12 in assets for every $1 that currentd. The company had $12 in assets because that every $1 of existing liabilities e. Twelfth that the company"s assets room financed through creditors
Using a loan from his parents, Jeff start his very own landscaping service by to buy a lawn weed eater, trailer, and truck for moving his equipment. Once recording this transaction for a brand-new business, the net impacts of this transaction come his company"s Balance paper are: a. Owner"s equity increases and assets increaseb. Heritage increase and also liabilities increasec. Liabilities increase and also owners equity decreased. Legacy increase and also cash circulation from investing decreasese. Liabilities increase and net revenue increases
An elevation auditor"s duty does not include:A. Reviewing financial explain adjustments and sampling selected accountsb. Preparing and taking ultimate duty for a company"s financial statementsc. Reviewing a company"s jae won statements d. Check conformity v GAAP in accordance with FASB e. Express an opinion concerning the company"s jae won statements
A firm"s equity capital is required to be repaid come the shareholders within____a. 7 years b. Ten yearsc. One yeard. 3 yearse. Nobody of these
____________is the ready of a company-specific and performance internal agency use just in stimulate to assist a company"s supervisors make great decisions a. External auditing b. Tax accountingc. Managerial accountingd. Gaue won accountinge. Finance
All of the following are acceptable ways of stating the bookkeeping equation EXCEPT:a. Owner"s equity-liabilities= assets b. Assets -liabilities= owners equityc.assets= shareholder"s equity + legal responsibility d. Legacy = liabilities + owner equity e.owners equity= heritage -liabilities
The procedure of planning for money that will be offered for longer term (one year or longer) purposes is calleda. Retained earningsb. Long-term financingc. Non-secured financingd. Funding budgetinge. Equity capital
*

*

*



See more: How Much Does A 2 By 4 Weigh ? How Much Do 2X4S Weigh

*