Multiple choice

1. You are the owner of a construction company. You want your Return on Assets Ratio to be

high.

low

2. Capital expenditures are usually debited to a(n)

asset account.

stockholders' equity account.

revenue account.

expense account.

3. Term bonds are 

bonds that mature in installments.

bonds that have a single maturity date for all bonds in the bond issue.

bonds issued against the general credit of the borrower.

bonds that have specific assets of the issuer pledged as collateral

4. Secured bonds are

bonds that mature in installments.

bonds that have a single maturity date for all bonds in the bond issue.

bonds issued against the general credit of the borrower.

bonds that have specific assets of the issuer pledged as collateral