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 ?