Financial Statements Multiple Choice Questions

1. What financial statement lists assets from current to long term?

2. What balance sheet formal is verticle?

3. Income statement format that separates cost of goods sold into categories?

4. Net income equals:

5. Which is not a cash activity listed on the cash flow statememt?

6. What financial ratio helps management evaluate profits available for dividends?

7. The days’ sales in inventory ratio formula uses which of the following:

8. Earnings per share shows investors the __________ earned per outstanding share of stock.

9. The dividend payout ratio is calculated by dividing total dividends by:

10. The profit margin ratio measures the _______________ earned from each dollar of sales.