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100% Accurate
Week 2 Wiley Plus Quiz Study Guide
ACC/561
September 1, 2015
Question 1
The relationship between current assets and current liabilities is
important in evaluating a company's
Question 2
Which of the following is a measure of liquidity?
Question 3
Current assets divided by current liabilities is known as the
Question 4
Danner Corporation reported net sales of $600,000, $680,000,
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?

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100 AccurateWeek 2 Wiley Plus Quiz Study GuideACC561.docx

  • 1. 100% Accurate Week 2 Wiley Plus Quiz Study Guide ACC/561 September 1, 2015 Question 1 The relationship between current assets and current liabilities is important in evaluating a company's Question 2 Which of the following is a measure of liquidity?
  • 2. Question 3 Current assets divided by current liabilities is known as the Question 4 Danner Corporation reported net sales of $600,000, $680,000, 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?