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Homework answers / question archive / Which of the following is correct regarding accrual accounting: Current Ratio Inventory Turnover Accounts/Receivable Turnover Working Capital Turnover Days of Supply Outstanding Days of Sales Outstanding Gross profit margin Net profit margin asset turnover

Which of the following is correct regarding accrual accounting: Current Ratio Inventory Turnover Accounts/Receivable Turnover Working Capital Turnover Days of Supply Outstanding Days of Sales Outstanding Gross profit margin Net profit margin asset turnover

Accounting

  1. Which of the following is correct regarding accrual accounting:
  2. Current Ratio
  3. Inventory Turnover
  4. Accounts/Receivable Turnover
  5. Working Capital Turnover
  6. Days of Supply Outstanding
  7. Days of Sales Outstanding
  8. Gross profit margin
  9. Net profit margin
  10. asset turnover

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  1. Which of the following is correct regarding accrual accounting:

accrual accounting attempts to measure economic activities in the period exchange transactions take place, regardless of when cash flows transpire.

  1. Current Ratio

CA/CL

  1. Inventory Turnover

COGS/Inventory

  1. Accounts/Receivable Turnover

Sales/AR

  1. Working Capital Turnover

Sales/CA-CL

  1. Days of Supply Outstanding

365/Inventory turnover

  1. Days of Sales Outstanding

365/ A/R turnover

  1. Gross profit margin

GP/Sales

  1. Net profit margin

Net income/sales

  1. asset turnover

Sales/TAt-1

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