ek 1 Terminology Matching Continued Terminology Matching Long-Term Investments Ratio Analysis Depreciation Intangible Assets Current Liabilities Long-Term Liabilities Liquidity Ratios Solvency Ratios SEC IFRS Examples: Stocks and bonds that are held more than 1 year, land, buildings, long-term notes Allocation of the cost of an asset to a number of years Examples: Current ratio, working capital ratio Examples: Goodwill, character, patents, copyrights, trademarks, accumulated amortization, FCC licenses Obligations to pay within the next year of the operating cycle Examples: Bonds payable, mortgages payable, long-term notes payable, lease liabilities, pension liabilities Expresses the relationship among selected items of financial statements Measures the ability of the organization to survive over a long period of time Oversees U.S. financial markets and accounting standard- setting bodies Set accounting standards that have been adopted by many countries outside the United States

ek 1 Terminology Matching Continued Terminology Matching Long-Term Investments Ratio Analysis Depreciation Intangible Assets Current Liabilities Long-Term Liabilities Liquidity Ratios Solvency Ratios SEC IFRS Examples: Stocks and bonds that are held more than 1 year, land, buildings, long-term notes Allocation of the cost of an asset to a number of years Examples: Current ratio, working capital ratio Examples: Goodwill, character, patents, copyrights, trademarks, accumulated amortization, FCC licenses Obligations to pay within the next year of the operating cycle Examples: Bonds payable, mortgages payable, long-term notes payable, lease liabilities, pension liabilities Expresses the relationship among selected items of financial statements Measures the ability of the organization to survive over a long period of time Oversees U.S. financial markets and accounting standard- setting bodies Set accounting standards that have been adopted by many countries outside the United States

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 90PSB

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Similar questions

Knowledge Check 01 Which of the following describes how working capital is computed? Multiple Choice Current assets Current liabilities Current liabilities Current assets Current assets-Current liabilities Current assets + Noncurrent liabilities
Valuation of assets Using the information provided in the following table, find the value of each asset. What is Thevalue of Asset A is $_____ (Round to the nearest cent)
For the Asset Turnover ratio, which of the following best describes net assets? multyple choice Fixed Assets + Current assets foxed Asseta +Current assets -Current fabilities Current assets -Current liubitbes Fared assets +Current assets- Cerent lubilities Long term
for the asset turnover ratio, which of the following best describes net assets? A. Fixed Assets + Current assets B. Fixed Assets + Current Assets- Current liabilities C. Current assets - Current liabilities D. Fixed assets + Current assets - Current liabilities - Long term Liabilities
Which of the following is typically recorded at its present value? a. long-term investments b. long-term liabilities c. intangible assets d. contigent liabilities
In a DuPont analysis, what are the components of return on assets?a. Net Profit Margin Ratio and Debt Ratiob. Net Profit Margin Ratio and Leverage Ratioc. Net Profit Margin Ratio and Asset Turnover Ratiod. Asset Turnover Ratio and Leverage Ratio
PLEASE USE ACCOUNTS OUT OF THIS LIST: Accumulated Other Comprehensive IncomeAllowance for Investment ImpairmentBond Investment at Amortized CostCashDividends ReceivableDividend RevenueFV-NI InvestmentsFV-OCI InvestmentsGain on Disposal of Investments in AssociateGain on Disposal of Investments - Cost/Amortized CostGain on Disposal of Investments - FV-NIGain on Disposal of Investments - FV-OCIGain or Loss in Value of Investment PropertyGST ReceivableInterest ExpenseInterest IncomeInterest PayableInterest ReceivableInvestment in AssociateInvestment Income or LossLoss on Discontinued OperationsLoss on Disposal of Investments - Cost/Amortized CostLoss on Disposal of Investments - FV-NILoss on Disposal of Investments - FV-OCILoss on ImpairmentNo EntryNote Investment at Amortized CostOther InvestmentsRecovery of Loss from ImpairmentRetained EarningsUnrealized Gain or LossUnrealized Gain or Loss - OCI
9, please answer last part. thanks please pick from the follow accounts: Accumulated Other Comprehensive Income Allowance for Investment Impairment Bond Investment at Amortized Cost Cash Commission Expense Dividends Receivable Dividend Revenue FV-NI Investments FV-OCI Investments Gain on Disposal of Investments - FV-NI Gain on Disposal of Investments - FV-OCI Gain on Sale of Investments GST Receivable Interest Expense Interest Income Interest Payable Interest Receivable Investment in Associate Investment Income or Loss Loss on Discontinued Operations Loss on Disposal of Investments FV-NI Loss on Disposal of Investments FV-OCI Loss on Impairment Loss on Sale of Investments No Entry Note Investment at Amortized Cost Other Investments Recovery of Loss from Impairment Retained Earnings Unrealized Gain or Loss Unrealized Gain or Loss - OCI
Which depreciation method calculates annual depreciation expense based on the book value of an asset? a. double-declining balanceb. sum-of-the-years'-digitsc. inventory systemsd. group depreciation
11. Which type of financial assets are purchased only with the intent of selling them in the near future? DAFVTPL financial assets ⒸBFVTOCI Financial assets C. Amortized Cost financial assets OD. Investment accounted for using the equity method
Quick assets divided by current liabilities is the: Select one: a.Current ratio. b.Working capital ratio. c.Quick asset turnover ratio. d.Acid-test ratio.
WHat is the Fixed Assets Turnover Ratio ? given Noncurrent Assets Equity securities - at fair value through other comprehensive income 8, 21 16,267,140 Due to related parties - noncurrent portion 8, 21 347,927,681 Property and equipment - net 9 6,390,497,964 Deferred tax assets 19 64,994,497 Retirement benefits asset 18 16,267,140 Other non-current assets 10, 21 30,221,963 Available for sale investment 10 - Total Noncurrent Assets 6,849,909,245 Revenue 2,104,932,423