ACC305

A. Acid test ratio

B. Current ratio

C. Days to collect receivables

D. All of these

A. Fixed Assets Turnover Ratio

B. Total Assets Turnover Ratio

C. Return on fixed assets Ratio

D. All of these

A. it is readily converted into a current asset.

B. it is readily converted into current liability.

C. it is used for sell.

D. it is readily converted into cash.

A. Wage payable

B. Long term loans from banks and financial institutions.

C. Tax payable

D. All of these

A. Losses from investing activities are treated as a decrease in cash flows from operating activities.

B. Losses from financing activities are treated as a decrease in cash flows from operating activities.

C. Losses from investing or financing activities are treated as a increase in cash flows from operating activities.

D. Losses from investing or financing activities are treated as a decrease in cash flows from operating activities.

A. Current liabilities are obligations that are required to be paid within a year or within one operating cycle.

B. Accrual expense is obligation that is required to be paid within a year or within one operating cycle.

C. Account payable is obligation that is required to be paid within longer than a year or within one operating cycle.

D. Current liabilities are assets that are expected to be realized in a year or within one operating cycle.