Question 1

-Total liabilities: _________________

Accepted Answer

The answer of 
-Total liabilities: _________________...

Question 2

-Cost of sales:	_________________

Accepted Answer

The answer of 
-Cost of sales:	_________________...

Question 3

-Total distribution costs: _________________

Accepted Answer

The answer of 
-Total distribution costs: _________________...

Question 4

-Total administrative expenses: _________________

Accepted Answer

The answer of 
-Total administrative expenses: _________________...

Question 5

-Profit before taxes: _________________

Accepted Answer

The answer of 
-Profit before taxes: _________________...

Question 6

-The current ratio is: _________________

Accepted Answer

The answer of 
-The current ratio is: _________________...

Question 7

-The quick ratio is: _________________

Accepted Answer

The answer of 
-The quick ratio is: _________________...

Question 8

-The debt-to-total assets ratio is: _________________

Accepted Answer

The answer of 
-The debt-to-total assets ratio is: _________________...

Question 9

-The debt-to-equity ratio is: _________________

Accepted Answer

The answer of 
-The debt-to-equity ratio is: _________________...

Question 10

-The times-interest-earned ratio is:_________________

Accepted Answer

The answer of 
-The times-interest-earned ratio is:_________________...

Question 11

-The fixed-charges coverage ratio is: _________________

Accepted Answer

The answer of 
-The fixed-charges coverage ratio is: _________________...

Question 12

-The average collection period is: _________________

Accepted Answer

The answer of 
-The average collection period is: _________________...

Question 13

-The inventory turnover is: _________________

Accepted Answer

The answer of 
-The inventory turnover is: _________________...

Question 14

-The capital assets turnover is: _________________

Accepted Answer

The answer of 
-The capital assets turnover is: _________________...

Question 15

-The total assets turnover is: _________________

Accepted Answer

The answer of 
-The total assets turnover is: _________________...

Question 16

-The profit margin on revenue ratio is: _________________

Accepted Answer

The answer of 
-The profit margin on revenue ratio is:...

Question 17

-The return on revenue ratio is: _________________

Accepted Answer

The answer of 
-The return on revenue ratio is: _________________...

Question 18

-The return on total assets ratio is: _________________

Accepted Answer

The answer of 
-The return on total assets ratio is:...

Question 19

-The return on equity ratio is:	_________________

Accepted Answer

The answer of 
-The return on equity ratio is:	_________________...

Question 20

What is the best measure of a company's liquidity?
A) the quick ratio
B) the debt-to-total assets ratio
C) the current ratio
D) the times-interest-earned

Accepted Answer

The quick ratio is considered a better measure of liquidity than the current ratio because it excludes inventory, which may not be easily converted to cash.

Quiz 4: Financial Statement Analysis