ACC 556 STR Course Great Wisdom / tutorialrank.com ACC 556 STR Course Great Wisdom / tutorialrank.com | Page 44

3.

Accounts receivable turnover ratio

4. Earnings per share
5.

Payout ratio

6. Current cash debt coverage
7. Current ratio
8.

Debt to assets ratio

9.

Free cash flow

10.

Inventory turnover

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ACC 556 Chapter 21 Quiz (100% Score)
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Chapter 21 Quiz

Question 1
A benefit of budgeting is that it provides definite objectives for
evaluating performance.
Question 2
Effective budgeting requires clearly defined lines of authority and
responsibility.