201
If total assets are $120,000 and total liabilities are $45,000, what is equity?
202
If revenue is $90,000 and expenses are $67,000, what is profit before any other adjustments?
203
Equipment costs $12,000, has a residual value of $2,000, and a useful life of five years. What is annual straight-line depreciation?
204
Current assets are $80,000 and current liabilities are $40,000. What is the current ratio?
205
Current assets are $50,000, inventory is $15,000, and current liabilities are $25,000. What is the quick ratio?
206
Sales are $200,000 and cost of goods sold is $120,000. What is gross profit?
207
Gross profit is $60,000 and sales are $240,000. What is the gross profit margin?
208
Net profit is $18,000 and sales are $150,000. What is the net profit margin?
209
Fixed costs are $30,000 and contribution per unit is $6. What is the break-even output?
210