ACCT 621 Wiley week 3a quiz

.pdf

School

University Canada West *

*We aren’t endorsed by this school

Course

621

Subject

History

Date

Apr 3, 2024

Type

pdf

Pages

Uploaded by KidWolverinePerson977

B O B Question 1 of 10 > 05/ View Policies Show Attempt History ‘ ¥ Your answeris correct. Financial statement analysis can be performed by a(n) credit rating agency. potential investors. creditors, all are correct. Attempts: 1of 1used

‘Weekly Assignment3a () 01:58:50 Question 2 of 10 < > 05/1 & View Policies Show Attempt History ' Your answer s correct. ‘ Cross-sectional analysis involves examining a company’s financial data as percentages of net sales or total assets. across account classifications. and comparing it with other companies. across time periods.

Question 3 of 10 < > View Policies Show Attempt History Your Answer Correct Answer Which of the following depicts earnings per share? Net income + weighted average number of common shares (Net income - preferred dividend) + number of common shares Net income + number of common shares (Netincome - preferred dividend) + weighted average number of common shares

€ WeeklyAssignmentza g Question 4 of 10 < > 05/1 View Policies Show Attempt History ‘ ' Youransweris correct. ‘ Review of the financial statements revealed the following for Sunland Inc.: sales $1280000, net income $50000, total assets $691200, long-term debt $764000, interest expense $69120 and cost of goods sold $792000. When preparing common-size financial statements, interest expense would be shown as 5.4%. 9.1%. 8.7%. 100% = T Attempts: 1of 1 used

Your preview ends here

Eager to read complete document? Join bartleby learn and gain access to the full version

Access to all documents
Unlimited textbook solutions
24/7 expert homework help