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Q3: Match the items below by entering the appropriate code letter in the space provided. G. Working capital H. Current ratio A. Relevance B. Liquidity ratios C. Comparability D. Consistency E. Intangible assets F. Free cash flow Earnings per share J. Solvency ratios K. Economic entity assumption L. Materiality I.

Q3: Match the items below by entering the appropriate code letter in the space provided. G. Working capital H. Current ratio A. Relevance B. Liquidity ratios C. Comparability D. Consistency E. Intangible assets F. Free cash flow Earnings per share J. Solvency ratios K. Economic entity assumption L. Materiality I.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Q3: Match the items below by entering the appropriate code letter in the space provided. A. Relevance G. Working capital B. Liquidity ratios C. Comparability D. Consistency E. Intangible assets F. Free cash flow H. Current ratio Earnings per share J. Solvency ratios K. Economic entity assumption L. Materiality I. J_ 1.Measures of the ability of the company to survive over a long period of time. H_ 2.Current assets divided by current liabilities. - AL 3.Information that has a bearing on a decision. 4. Economic events can be identified with a particular unit of accountability. - 5. An item important enough to influence the decision of an investor or creditor. | 6. Same accounting principles and methods used from year to year within a company. 7. Cash from operating activities less capital expenditures and cash dividends. 8. Noncurrent assets that do not have physical substance. 9. (Net income – preferred stock dividends) divided by average common shares outstanding. 10. Different companies using the same accounting principles. 11. Measures of the short-term ability of the enterprise to pay its maturing obligations. 12. The excess of current assets over current liabilities.
Transcribed Image Text:Q3: Match the items below by entering the appropriate code letter in the space provided. A. Relevance G. Working capital B. Liquidity ratios C. Comparability D. Consistency E. Intangible assets F. Free cash flow H. Current ratio Earnings per share J. Solvency ratios K. Economic entity assumption L. Materiality I. J_ 1.Measures of the ability of the company to survive over a long period of time. H_ 2.Current assets divided by current liabilities. - AL 3.Information that has a bearing on a decision. 4. Economic events can be identified with a particular unit of accountability. - 5. An item important enough to influence the decision of an investor or creditor. | 6. Same accounting principles and methods used from year to year within a company. 7. Cash from operating activities less capital expenditures and cash dividends. 8. Noncurrent assets that do not have physical substance. 9. (Net income – preferred stock dividends) divided by average common shares outstanding. 10. Different companies using the same accounting principles. 11. Measures of the short-term ability of the enterprise to pay its maturing obligations. 12. The excess of current assets over current liabilities.
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