ACCT
Homework 8 - STUDENT.xlsx

Homework 8 - STUDENT.xlsx - In the boxes below enter the...

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Enter last 3 digits of Buff ID here: 392 Name: Tony Y. Young In the boxes below, enter the last 3-digits of your Buff ID, as well as your first & last name. Click to begin
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Question 1 (Points possible: 7) 1. Operating Margin indicates the amount of operating income achieved per: Dollar of operating revenue. 2. Which of the following ratios is used to evaluate profitability? Operating Margin 3. Which of the following ratios is used to evaluate solvency? Debt Service Coverage Ratio 4. Solvency measures: An organization's ability to meet interest and principal obligations on its long-term de 5. Liquidity measures: An organization's ability to meet its short-term obligations. 6. When an entity issues bonds, its ratio of liabilities to fund balance will: Increase. 7. Which financial ratio measures the average collection period of receivables? Days in Receivables 8. All of the following are measures of liquidity except: Liabilities to Fund Balance 9. When an entity with a current ratio of 1.5 uses cash to pay off a current liability: Its current ratio stays the same.
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