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MCQs

Total Questions : 932 | Page 94 of 94 pages
Question 931. What is defined as the current assets minus inventories and prepaid expenses ?
  1.    Profit margin ratio
  2.    Price-earnings ratio
  3.    Return of investment ratio
  4.    Quick ratio
 Discuss Question
Answer: Option D. -> Quick ratio
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!
Question 932. The common ratio is the ratio of_______________?
  1.    Net credit sales to average net receivable
  2.    Current assets to current liabilities
  3.    Gross profit to net sales
  4.    Net income to owner’s equity
 Discuss Question
Answer: Option B. -> Current assets to current liabilities
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

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