Accounting MCQs — Test 20
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Question 1
Current assets are subtracted from current liabilities to calculate: ____________?
Question 2
An operating income is divided by the revenues to calculate ______________?
Question 3
If the operating income is $5650000 and the revenue is $68558000, then the return on sales will be ___________?
Question 4
If the required rate of return is 13%, operating income is $375000 and the total investment is $2650000, then the residual income would be ____________?
Question 5
The system in an organization, which defines behavior standards and code of conduct is known as ___________?
Question 6
The return on investment is also known as _____________?
Question 7
The return on sales is multiplied to investment turnover to calculate ___________?
Question 8
The sum of working capital and current liabilities is equal to _____________?
Question 9
If after-tax operating income is $185000, weighted average cost of capital is 11%, total assets are $485000 and total liabilities are $367000, then economic value added would be __________?
Question 10
The measures that analyze the performance of a company, such as residual income, economic value added and customer satisfaction are collectively called ____________?