Master Of Business Administration

1. (TCO 1) Which financial statement is prepared first? (Points: 4)
       Balance pall 
       Income statement 
       Retained earnings statement 
       Statement of specie flows 

2. (TCO 1) The information needed to determine whether a company is employ accounting methods similar to those of its competitors, would be found in which of the followers(a)? (Points: 4)
       auditors report 
       balance sheet 
       caution discussion and analysis section 
       notes to the financial statements 

3. (TCO 4) Using the following balance sheet and income statement data, what is the earnings per share?

trustworthy assets $ 9,000 Net income $ 12,000
Current liabilities 4,000 Stockholders equity 27,000
Average assets 44,000 original liabilities 6,000
Total assets 30,000
Average common shares outstanding was 10,000 (Points: 4)
       $1.20 
       $2.00 
       $0.83 
       $0.44 

4. (TCO 4) Which of the following is not considered a measure of liquid state? (Points: 4)
       Current ratio 
       Working cap 
       Debt to total assets ratio 
       Each of the above are liquidity measures 

5. (TCO 2) Which of the following accounts follows the rules of debit and credit, in relation to increases and decreases, in the reverse gear manner?



 (Points: 4)
       Prepaid Insurance and Dividends 
       Dividends and Service Revenues 
       Accounts Payable and commonplace Stock 
       Advertising Expense and Equipment 

6. (TCO 2) The usual sequence of travel in the recording process is which of the following? (Points: 4)
       tumble each exertion, enter the transaction in the journal, and slay the information to the rule book accounts 
       analyze each transaction, enter the transaction in the ledger, and transfer the information to the journal 
       analyze each transaction, enter the transaction in the book of accounts, and transfer the information to the journal 
       analyze each transaction, enter the transaction in...If you want to get a full essay, order it on our website: Orderessay



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