Match the terms below with the correct definitionsa. Days' sales in inventoryb. Merchandise inventory turnoverC. Acid test ratiod. Price-earnings ratioe. Working Capitalf. Horizontal analysisg. Accounts Receivable turnoverh. Debt ratioi. Profit Margin ratioj. Earnings per Share1. The number of times customer charge accounts are paid off each year.2. The company's ability to pay all its current liabilities if they came dueimmediately.3. The number of times a company's stock of goods is sold per year.4. A business's ability to meet its short-term obligations with its currentassets.5. Measure for determining the reasonableness of an issue of stock on themarket.6. A comparison of the same item on a financial statement for two or morefiscal periods.7. An amount of a company's net income (loss) for each share of its commonstock.8. The proportion of assets financed with debt.9. The average number of days that inventory is held by a company.10.How much net income is earned on every dollar of net sales revenue.

Question
Asked Dec 14, 2019
69 views

Help

Match the terms below with the correct definitions
a. Days' sales in inventory
b. Merchandise inventory turnover
C. Acid test ratio
d. Price-earnings ratio
e. Working Capital
f. Horizontal analysis
g. Accounts Receivable turnover
h. Debt ratio
i. Profit Margin ratio
j. Earnings per Share
1. The number of times customer charge accounts are paid off each year.
2. The company's ability to pay all its current liabilities if they came due
immediately.
3. The number of times a company's stock of goods is sold per year.
4. A business's ability to meet its short-term obligations with its current
assets.
5. Measure for determining the reasonableness of an issue of stock on the
market.
6. A comparison of the same item on a financial statement for two or more
fiscal periods.
7. An amount of a company's net income (loss) for each share of its common
stock.
8. The proportion of assets financed with debt.
9. The average number of days that inventory is held by a company.
10.How much net income is earned on every dollar of net sales revenue.
help_outline

Image Transcriptionclose

Match the terms below with the correct definitions a. Days' sales in inventory b. Merchandise inventory turnover C. Acid test ratio d. Price-earnings ratio e. Working Capital f. Horizontal analysis g. Accounts Receivable turnover h. Debt ratio i. Profit Margin ratio j. Earnings per Share 1. The number of times customer charge accounts are paid off each year. 2. The company's ability to pay all its current liabilities if they came due immediately. 3. The number of times a company's stock of goods is sold per year. 4. A business's ability to meet its short-term obligations with its current assets. 5. Measure for determining the reasonableness of an issue of stock on the market. 6. A comparison of the same item on a financial statement for two or more fiscal periods. 7. An amount of a company's net income (loss) for each share of its common stock. 8. The proportion of assets financed with debt. 9. The average number of days that inventory is held by a company. 10.How much net income is earned on every dollar of net sales revenue.

fullscreen
check_circle

Expert Answer

Step 1

Accounting: Accounting is a system, or a process of collecting and organizing economic transactions, analyzing, and su...

Want to see the full answer?

See Solution

Check out a sample Q&A here.

Want to see this answer and more?

Solutions are written by subject experts who are available 24/7. Questions are typically answered within 1 hour.*

See Solution
*Response times may vary by subject and question.
Tagged in

Business

Accounting

Financial Accounting

Related Accounting Q&A

Find answers to questions asked by student like you
Show more Q&A
add
question_answer

Q: Forester Manufacturing Company uses a job order cost accounting system to keep track of finished job...

A: 1. Prepare general journal entries for the foregoing transactions.

question_answer

Q: Explain the two components of a computerized accounting information system?

A: Computerized accounting information system:Computerized accounting information is the software progr...

question_answer

Q: Ecker Company reports $1,300,000 of net income and declares $182,000 of cash dividends on its prefer...

A: Preferred stock are the shares which holds priviledge rights on dividends . Basically, these shares ...

question_answer

Q: --/1 Question 6 View Policies Current Attempt in Progress Crane Company has a materials price standa...

A: Calculation of material price variance:        

question_answer

Q: Merchandise is sold on account to a customer for $56,500, terms FOB shipping point, 2/10, n/30. The ...

A: a.Calculate the net sales after discount.

question_answer

Q: clasify each costs as either fixed, variable or mixed: a. shipping boxes used to ship orders b. cons...

A: Clasify each costs as either fixed, variable or mixed: 

question_answer

Q: Assume that Audio Outfitter Inc. in Discussion Question 9 experienced an abnormal inventory shrinkag...

A: Adjustment entry for abnormal inventory shrinkage:

question_answer

Q: Kroger Co., a national supermarket chain, reported the following data (in millions) in its financial...

A: a.Calculate the asset turnover for Company K.

question_answer

Q: Define value chain and classification of costs for “Distribution costs for shopping the Latitude lin...

A: Value Chain: