Accountant

A Cash B Trade receivables C Inventory D Short-term marketable securities

A Cost of sales / Equity × 100% B Current assets / Current liabilities × 100% C Net profit / Total assets × 100% D Gross profit / Net sales × 100%

A Current liabilities relative to current assets B Cash relative to inventory C Sales returns relative to purchases D Operating profit relative to capital employed

A Current assets / Current liabilities B Total debt / Total equity C Total equity / Total assets D Net profit / Total debt

A Average trade receivables / Credit sales × 365 days B Credit sales / Average receivables × 365 days C Inventory / Cost of sales × 12 months D Average payables / Purchases × 365 days

A Cash paid to buy machinery B Cash received from customers C Cash received from issuing shares D Cash paid to repay a long-term loan principal

A Cash paid to purchase equipment B Cash received from customers C Cash paid to employees D Cash paid to suppliers for inventory

A It is a non-cash expense B It represents a financing inflow C It increases sales revenue D It is a cash receipt

A An asset expected to be used or held beyond the normal operating cycle or longer than one year B An expense already paid C A liability due immediately D An asset always held for resale within days

A Goodwill B Retained earnings C A building owned by the entity D Trade payables due within the operating cycle