ACC 560 MART Great Stories /acc560mart.com ACC 560 MART Great Stories /acc560mart.com | Page 67

=========================================== ACC 560 Week 11 Quiz 8( Chapter 14) FOR MORE CLASSES VISIT www. acc560mart. com

ACC 560 Week 11 Quiz 8( Chapter 14) Question 1

Horizontal analysis evaluates a series of financial statement data over a period of time

Question 2

Ale Corporation had net income of $ 240,000 and paid dividends to common stockholders of $ 40,000 in 2017. The weighted average number of shares outstanding in 2017 was 60,000 shares. Ale Corporation ' s common stock is selling for $ 76 per share on the New York Stock Exchange. Ale Corporation ' s price-earnings ratio is

Question 3

Blaney Clothing Store had a balance in the Accounts Receivable account of $ 437,500 at the beginning of the year and a balance of $ 500,000 at the end of the year. Net credit sales during the year amounted to $ 3,000,000. The average collection period of the receivables in terms of days was

Question 4

In analyzing the financial statements of a company, a single item on the financial statements