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analysis 2
accounting
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average accounts receivable is $45000, credit sales are$ 220000. calculate age of Acc RecA. 45 days B. 64 days C. 65days D. 44 days
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if mark-up is lowered, inventory turnover should...A. be slower B. get worse C. improve D. stay the same
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a business with a very low mark-up would need..A. low COGS to make a profit B. high volume of sales to make a profit C. to advertise to make a profit D. low volume of sales to make a profit
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inventory turnover impacts which of the followingA. liquid ratio B. current ratio C. finance cost % D. mark-up
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return on equity % is a negative number. This is...A. possible if the business made a loss B. impossible C. possible if the owner invests more cash D. possible if the current ratio is less than 1
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the business changes to a new electricity provider, what impact would this haveA. current ratio would fall B. finance costs would rise C. admin expenses would fall D. distribution costs would increase
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the percentage change in sales is a negative number. this could happen ifA. sales increased by a smaller amount than last year B. the business made a loss C. COGS decreased D. they had a succesful advertising campaign E. sales decreased from last year
analysis 2 (Answer Key)
accounting
-
average accounts receivable is $45000, credit sales are$ 220000. calculate age of Acc RecA. 45 days B. 64 days C. 65days D. 44 days
-
if mark-up is lowered, inventory turnover should...A. be slower B. get worse C. improve D. stay the same
-
a business with a very low mark-up would need..A. low COGS to make a profit B. high volume of sales to make a profit C. to advertise to make a profit D. low volume of sales to make a profit
-
inventory turnover impacts which of the followingA. liquid ratio B. current ratio C. finance cost % D. mark-up
-
return on equity % is a negative number. This is...A. possible if the business made a loss B. impossible C. possible if the owner invests more cash D. possible if the current ratio is less than 1
-
the business changes to a new electricity provider, what impact would this haveA. current ratio would fall B. finance costs would rise C. admin expenses would fall D. distribution costs would increase
-
the percentage change in sales is a negative number. this could happen ifA. sales increased by a smaller amount than last year B. the business made a loss C. COGS decreased D. they had a succesful advertising campaign E. sales decreased from last year
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