Man10e_ABSol_ch14

Man10e_ABSol_ch14 - TEST 14B Fill-in-the-Blank Principles...

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ACHIEVEMENT TEST SOLUTIONS—CHAPTER 14 TEST 14A Fill-in-the-Blank Principles and Terminology— Statement Analysis 1. $3.33 2. $750,000 3. 2.07 4. not be affected 5. grocery store 6. jewelry store 7. common-size 8. solvency 9. quick assets 10. leverage 11. acid-test (or quick) ratio 12. current liabilities 13. current liabilities 14. telephone company 15. department store Problem Statement Analysis 1. 0.9 2. 2.6 3. $1,226,000 4. 6.7 5. 6.3% 6. 20.8% 7. 7 8. $1.67 9. 45 10. 1.0%
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Unformatted text preview: TEST 14B Fill-in-the-Blank Principles and Terminology Statement Analysis 1. grocery supermarket 2. home appliances 3. acid-test (or quick) ratio 4. current ratio 5. quick assets 6. profitability 7. not be affected 8. decrease 9. $4.33 10. $500,000 11. 2 12. leverage 13. increase 14. $0 15. common-size Problem Statement Analysis 1. $1,150,000 2. 2.5 3. 3.9 4. 5.8 5. 14.0% 6. 50.0% 7. 8 8. $30 9. 1.8 10. 7.1%...
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This note was uploaded on 10/12/2010 for the course ACCT 116B taught by Professor Rivers during the Spring '09 term at City.

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