Test your knowledge

Choose wisely. There is only one correct answer to each question.

0%
Keep studying!

Get a certificate for this quiz
Enter your name to generate a certificate that you can save or print immediately. Optionally, add your email address to have a copy of the certificate emailed to you.


Review your answers below to learn more.
1.
To find out about a corporation's primary customers, you should look at ______.
Choose wisely. There is only one correct answer.
Form 10K. This form also identifies a corporation's suppliers and competitors.
2.
Net sales measures a company's liquidity.
Choose wisely. There is only one correct answer.
False. Net sales measures a company's total cash and credit sales minus any returns or discounts.
3.
The amount a company earns from the investments of its shareholders is called return on equity.
Choose wisely. There is only one correct answer.
True. Return on equity indicates how well the investments are working for the company.
4.
A company's liquidity is measured by dividing its _______ by its _______.
Choose wisely. There is only one correct answer.
Current assets/current liabilities. The greater the liquidity, the greater the amount of working capital.
5.
You can receive company reports through several subscription services.
Choose wisely. There is only one correct answer.
True. You receive these reports periodically from subscription services.