ACC 561 Week 2 Wileyplus Practice Quiz For more course tutorials visit www. uophelp. com
beneficial to the company, industry, and consumers.
� Examine how the agency you selected and your selected company work together.
� Explain the role of ethics in the regulatory environment.
� Discuss the ways in which the regulatory environment would directly affect your role in the company in either your current role or your desired career with the organization.
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ACC 561 Week 2 Wileyplus Practice Quiz For more course tutorials visit www. uophelp. com
1. The relationship between current assets and current liabilities is important in evaluating a company’ s 2. Which of the following is a measure of liquidity? 3. Current assets divided by current liabilities is known as the 4. Danner Corporation reported net sales of $ 600,000 and $ 800,000 in the years 2011, 2012, and 2013, respectively. If 2011 is the base year, what percentage do 2013 sales represent of the base? 5. In analyzing financial statements, horizontal analysis is a 6. Comparative balance sheets 7. Assume the following cost of goods sold data for a company: 2013 $ 1,500,000 2012 $ 1,200,000 2011 $ 1,000,000 If 2011 is the base year, what is the percentage increase in cost of goods sold from 2011 to 2013? 8. Comparisons of data within a company are an example of the following comparative basis: 9. The following schedule is a display of what type of analysis?