financial accounting答案2023秋

第十二章测试

1.Which ratio is used to analyze stock as an investment? （ ）
A:Dividend yield
B:Times interest earned
C:Current ratio
D:Inventory turnover

答案:A
2.

Trend percentages are:（ ）                

A:used to show a trend in a financial statement item.    
B:computed by selecting a base year whose amounts are set equal to 100%.    
C:All of the other options.
D:a form of horizontal analysis.    
3.The formula for the cash conversion cycle is:（ ）
A:Days’ inventory outstanding (DIO) + Days’ sales outstanding (DSO) – Days’ payable outstanding (DPO)
B:Days’ inventory outstanding (DIO) – Days’ sales outstanding (DSO) + Days’ payable outstanding (DPO)
C:Days’ inventory outstanding (DIO) + Days’ sales outstanding (DSO) + Days’ payable outstanding (DPO)
D:Days’ inventory outstanding (DIO) – Days’ sales outstanding (DSO) – Days’ payable outstanding (DPO)
4.The formula for the current ratio is:（ ）
A:Current assets × Current liabilities.
B:Current liabilities/Current assets
C:Current assets/Current liabilities.
D:Current assets – Current liabilities.
5.

Refer to Browne Corporation.  What is the inventory turnover for 20X2?（ ）        

A:1.72    
B:1.77
C:5.66
D:5.83  
6.Refer to Browne Corporation. What is the ROA for 20X2?（ ）
A:77.60%
B:42.60%
C:23.5%
D:22.10%
7.Refer to Browne Corporation. The percentage change in Notes Payable is:（ ）
A:6%
B:10.4%
C:4.2%
D:9.60%
8.Refer to Browne Corporation. The debt ratio in 20X1 is: （ ）
A:25.5%
B:23.1%
C:53.8%
D:57.3%
9.Refer to Browne Corporation. The current ratio in 20X1 is: （ ）
A:0.54
B:1.92
C:0.57
D:2.43