University Of Arizona ATMO 005 Quiz 18 1)Which of the following is not a current asset? Prepaid expenses B

University Of Arizona

ATMO 005

Quiz 18

1)Which of the following is not a current asset?

1. 1. Prepaid expenses

B. Inventory

C. Accounts receivable

D. LandE. Cash

2. Liquidity ratios are best used to assess a company’s ability to
   1. control expenses.

B. manage long-term debts.

C. manage short-term debts.

D. generate a profit.

E. make investments.

3. The value of a dollar today is the

value of a dollar one year from now.

1. 1. the same as

B. less than

C. more than

4. What will be used to determine which company wins Marketplace?
   1. Net income

B. Balanced scorecard

C. Total assets

D. Gross profit margin

E. Market share

5. Which of the following statements is true?
   1. Interest is the payment to the borrower of an asset by the asset’s owner.
   2. An annuity is a series of equal payments.

C. Future value can be found if the interest rate and the present value are known.

D. All of the above are true.