C
Which of the following is not a current asset account?
a. Inventory
b. Prepaid Insurance
c. Fixtures
d. Marketable Securities
C
Current asset MINUS current liabilities is the
a. Current Ratio
b. Net Worth
c. Working Capital
d. Dividend Capital
Previous
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C - ANSWER- Which of the following is not a current asset account?
a. Inventory
b. Prepaid Insurance
c. Fixtures
d. Marketable Securities
C - ANSWER- Current asset MINUS current liabilities is the
a. Current Ratio
b. Net Worth
c. Working Capital
d. Dividend Capital
A - ANSWER- Current assets DIVIDED BY current liabilities is the
a. Current Ratio
b. Net Worth Ratio
c. Working Capital
, d. Debt Ratio
B - ANSWER- The quick ratio EXCLUDES which of the following accounts?
a. Accounts Receivable
b. Inventory
c. Cash
d. Securities
D - ANSWER- Why is it important to know if a company's products have
substitutes?
a) To assess the financial condition of buyers
b) To evaluate trends in the company's financial position
c) To determine the company's competitive advantages
d) To understand potential threats to the company's market share
C - ANSWER- When assessing inputs, why is it important to know if the company
depends on a few supply sources?
a) It can help evaluate the company's competitive advantages.
b) It affects the complexity of producing the company's products.
c) It can lead to high input costs.
d) It is a measure of the company's financial condition.
B - ANSWER- What is one of the potential risks mentioned in the article related to
financing?
a) Going public to acquire another company
b) Defaulting on debt covenants
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