ACC 290 Chapter 2 Orion WileyPlus Build your Proficiency
Q 2.1 : Which of the following are current liabilities ? Select all that apply . Q 2.2 : Long-term investments include which of the following ? Select all that apply . Q 2.3 : The operating cycle of a company is Q 2.4 : ________ measure the ability of a company to survive over a long period of time . Q 2.5 : measures the net income earned on each share of common stock . Q 2.6 : Earnings per share is considered a measure of a company ' s Q 2.7 : A company is more likely to Q 2.8 : The difference between current assets and current liabilities Q 2.9 : The debt to assets ratio measures the percentage of total financing provided by Q 2.10 : Because is a measure of a company ' s ability to turn assets into cash , it is of particular interest to short-term creditors Q 2.11 : Free cash flow describes the net cash Q 2.12 : A company reported $ 50,000 net cash provided by operating activities . It invested $ 1,000 in equipment and paid $ 1,000 in dividends . Its free cash flow is Q 2.13 : Which of the following questions would be answered by generally accepted accounting principles ? Select all that apply . Q 2.14 : means that information that is presented is complete , neutral , and free from error . Q 2.15 : Which principle would a company be violating if it withheld information that would make a difference to users of financial statements ? Q 2.16 : According to the historical cost principle , if an asset costs $ 50,000 when it was purchased , it would be recorded at its ________ over the time the asset is held .