Question 1

-Cost of sales is _________________________ .

Accepted Answer

$ 177,000.

Question 2

-Gross profit is _________________________.

Accepted Answer

$ 173,000.

Question 3

-Total expenses are _________________________ .

Accepted Answer

$ 135,000.

Question 4

-Profit before taxes is _________________________ .

Accepted Answer

The answer of 
-Profit before taxes is _________________________ ....

Question 5

-Profit for the year is _________________________ .

Accepted Answer

The answer of 
-Profit for the year is _________________________ ....

Question 6

-The cash flow is _________________________ .

Accepted Answer

The answer of 
-The cash flow is _________________________ ....

Question 7

-Total current assets are _________________________ .

Accepted Answer

The answer of 
-Total current assets are _________________________ ....

Question 8

-Total non-current assets are_________________________ .

Accepted Answer

The answer of 
-Total non-current assets are_________________________ ....

Question 9

-Total assets are _________________________ .

Accepted Answer

The answer of 
-Total assets are _________________________ ....

Question 10

-Total current liabilities are_________________________ .

Accepted Answer

The answer of 
-Total current liabilities are_________________________ ....

Question 11

-Long-term borrowings are _________________________ .

Accepted Answer

The answer of 
-Long-term borrowings are _________________________ ....

Question 12

-Total liabilities amount to _________________________ .

Accepted Answer

The answer of 
-Total liabilities amount to _________________________ ....

Question 13

-Total equity is _________________________ .

Accepted Answer

The answer of 
-Total equity is _________________________ ....

Question 14

-Total equity and liabilities is _________________________ .

Accepted Answer

The answer of 
-Total equity and liabilities is _________________________ ....

Question 15

-Purchases are _________________________ .

Accepted Answer

The answer of 
-Purchases are _________________________ ....

Question 16

-Total operating expenses are _________________________ .

Accepted Answer

The answer of 
-Total operating expenses are _________________________ ....

Question 17

-Profit before taxes is _________________________ .

Accepted Answer

The answer of 
-Profit before taxes is _________________________ ....

Question 18

-Profit for the year is _________________________ .

Accepted Answer

The answer of 
-Profit for the year is _________________________ ....

Question 19

-Total current assets are_________________________ .

Accepted Answer

The answer of 
-Total current assets are_________________________ ....

Question 20

-Total non-current assets are _________________________ .

Accepted Answer

The answer of 
-Total non-current assets are _________________________ ....

Quiz 2: Accounting and Financial Statements

-Cost of sales is _________________________ .

-Gross profit is _________________________.

-Total expenses are _________________________ .

-Profit before taxes is _________________________ .

-Profit for the year is _________________________ .

-The cash flow is _________________________ .

-Total current assets are _________________________ .

-Total non-current assets are_________________________ .

-Total assets are _________________________ .

-Total current liabilities are_________________________ .

-Long-term borrowings are _________________________ .

-Total liabilities amount to _________________________ .

-Total equity is _________________________ .

-Total equity and liabilities is _________________________ .

-Purchases are _________________________ .

-Total operating expenses are _________________________ .

-Profit before taxes is _________________________ .

-Profit for the year is _________________________ .

-Total current assets are_________________________ .

-Total non-current assets are _________________________ .