Which one of the following is not a characteristic

38. Which one of the following is not a characteristic generally evaluated in analyzing
financial statements?
a. Liquidity
b. Profitability
c. Marketability
d. Solvency
Ans: c, LO: 1, Bloom: K, Difficulty: Easy, Min: 1, AACSB: None, AICPA BB: Legal/Regulatory, AICPA FN: Risk Analysis, AICPA PC: None, IMA: Business
Economics
14 - 7
39. In analyzing the financial statements of a company, a single item on the financial
statements
40. Short-term creditors are usually most interested in evaluating 41. Long-term creditors are usually most interested in evaluating
FOR INSTRUCTOR USE ONLY

Test Bank for Managerial Accounting, Seventh Edition
42. Stockholders are most interested in evaluating
a. liquidity and solvency.
b. profitability and solvency.
c. liquidity and profitability.
d. marketability and solvency.
Ans: b, LO: 1, Bloom: C, Difficulty: Easy, Min: 1, AACSB: None, AICPA BB: Legal/Regulatory, AICPA FN: Risk Analysis, AICPA PC: None, IMA: Business
Economics
43. A stockholder is interested in the ability of a firm to
44. Comparisons of financial data made within a company are called
Economics