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1.Which of the following present financial information of parent and subsidiary

By December 6, 2021No Comments

1.Which of the following present financial information of parent and subsidiarycompanies as if they are a single business unit?A.Classified financial statementB.Comparative financial statementC.Consolidated financial statementD.Operating financial statement2.Which of the following ratios is not considered measure of liquidity?A.Quick ratioB.Receivable turnover ratioC.Current ratioD.Earnings per share3.All of the followings are an example of a quick asset exceptA.cash.B.inventory.C.investment in security.D.account receivable.4.Working capital is the excess of current assets overA.current liabilities.B.total liabilities.C.long-term liabilities.D.equity.5.Which of the following ratios is not considered measure of profitability?A.Earnings per shareB.Gross profit rateC.Price earnings ratioD.Return on assets

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