Match the terms below with the correct definitions a. Days' sales in inventory b. Merchandise inventory turnover C. Acid test ratio d. Price-earnings ratio e. Working Capital f. Horizontal analysis g. Accounts Receivable turnover h. Debt ratio i. Profit Margin ratio j. Earnings per Share 1. The number of times customer charge accounts are paid off each year. 2. The company's ability to pay all its current liabilities if they came due immediately. 3. The number of times a company's stock of goods is sold per year. 4. A business's ability to meet its short-term obligations with its current assets. 5. Measure for determining the reasonableness of an issue of stock on the market. 6. A comparison of the same item on a financial statement for two or more fiscal periods. 7. An amount of a company's net income (loss) for each share of its common stock. 8. The proportion of assets financed with debt. 9. The average number of days that inventory is held by a company. 10.How much net income is earned on every dollar of net sales revenue.

Match the terms below with the correct definitions a. Days' sales in inventory b. Merchandise inventory turnover C. Acid test ratio d. Price-earnings ratio e. Working Capital f. Horizontal analysis g. Accounts Receivable turnover h. Debt ratio i. Profit Margin ratio j. Earnings per Share 1. The number of times customer charge accounts are paid off each year. 2. The company's ability to pay all its current liabilities if they came due immediately. 3. The number of times a company's stock of goods is sold per year. 4. A business's ability to meet its short-term obligations with its current assets. 5. Measure for determining the reasonableness of an issue of stock on the market. 6. A comparison of the same item on a financial statement for two or more fiscal periods. 7. An amount of a company's net income (loss) for each share of its common stock. 8. The proportion of assets financed with debt. 9. The average number of days that inventory is held by a company. 10.How much net income is earned on every dollar of net sales revenue.

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter13: Financial Statement Analysis

Section: Chapter Questions

Problem 13.1KTQ

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