Multiple Choice Question 77
Comprehensive income would not include
unrealized gains on available-for-sale securities.
dividends declared.
discontinued operations.
extraordinary gains and losses.
Multiple Choice Question 78
Which of the following would be considered an “Other Comprehensive Income” item?
unrealized loss on available-for-sale securities
extraordinary loss related to flood
gain on disposal of discontinued operations
net income
Multiple Choice Question 88
Danner Corporation reported net sales of $600,000, $680,000, and $800,000 in the years 2011, 2012, and 2013, respectively. If 2011 is the base year, what percentage do 2013 sales represent of the base?
33%
75%
133%
113%
Multiple Choice Question 97
Assume the following sales data for a company:
2013
$900,000
2012
805,000
2011
700,000
If 2011 is the base year, what is the percentage increase in sales from 2011 to 2012?
112%
29%
15%
129%
Multiple Choice Question 107
In a common size balance sheet, the 100 percent figure is
total liabilities.
total assets.
total property, plant and equipment.
total current assets.
Multiple Choice Question 125
Which one of the following is not a characteristic generally evaluated in ratio analysis?
Profitability
Marketability
Solvency
Liquidity
Multiple Choice Question 127
Short-term creditors are usually most interested in assessing
marketability.
solvency.
liquidity.
profitability.
Multiple Choice Question 128
A common measure of liquidity is
return on assets.
receivables turnover.
profit margin.
debt to equity.
Multiple Choice Question 133
Long-term creditors are usually most interested in evaluating
solvency.
marketability.
liquidity.
profitability.
Multiple Choice Question 129
A common measure of profitability is the
return on common stockholders’ equity ratio.
debt to total assets.
current ratio.
current cash debt coverage ratio.
Multiple Choice Question 134
Which one of the following would be…