Multiple Questions Answers

Question 1 of 10
The most important task related to reading is:

Question 2 of 10
Comprehension refers to:

Question 3 of 10
Poor reading comprehension skills lead to:

Question 4 of 10
Dave Ellis adopted a reading technique called:

Question 5 of 10
Which is the better strategy for reading comprehension?
C. Read two chapters at a time but do it regularly.

Question 6 of 10
Which is the better strategy for increasing comprehension?

Question 7 of 10
Reading rate is:

Question 8 of 10
Speed reading is concerned with:

Question 9 of 10
Note-taking:

Question 10 of 10
Which is the better strategy in note-taking?
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Question 1 of 20
A firm's __________ account is categorized as a current asset.
Question 2 of 20
__________ accounts show the amount of money owed to the firm by customers.
Question 3 of 20
A firm has $200,000 in total assets and $120,000 in owner's equity. What are the total liabilities?

Question 4 of 20
Please use the following information to answer questions 4-5:
Current Assets total:
Retained earnings total:

Question 6 of 20
__________ expenses are costs incurred directly with the sale of merchandise or in the operations of business.

Question 7 of 20
A company develops the following information at the end of an accounting period:
Inventory, 01/99 $347,500
Net purchases $1,145,000
Cost of goods sold $1,216,000
What is the ending inventory for the period?

Question 8 of 20
Please use the following information to answer questions 8-10:
What are the total expenses?

Question 9 of 20
What is the gross profit?
Question 10 of 20
What is the net income?
Question 11 of 20
The percentage analysis of changes of corresponding items in comparative financial statements is referred to as horizontal analysis.
Question 12 of 20
Please use the following information to answer questions 12-16:
For the year 2000, cost of goods sold represents what percentage of net sales?
Question 13 of 20
For the year 1999, net income represents what percentage of net sales?
Question 14 of 20
In 2000, total operating expenses increased by _____% over 1999.
Question 15 of 20
Between 12/31/1999 and 12/31/2000, gross profit:
Question 16 of 20 5.0 Points
Between 12/31/1999 and 12/31/2000, net income:
Question 17 of 20
The ratio of __________ to __________ is an example of a __________ ratio.
Question 18 of 20
A firm's balance sheet shows the following assets:
If the firm has current liabilities totaling $15,000, what is its acid test ratio?
Question 19 of 20
Please use the following information to answer questions 19-20:
Assume the balances on 12/31/99 were carried over to 01/01/2000:
From 1999 to 2000, the what is the asset turnover ratio?
Question 20 of 20
Given a net income of $90,000, what is the return on investment for 2000?