Which of the Following Generally Favored a Strong National Government

question 28

Multiple Choice

Which of the following generally favored a strong national government and supported the proposed U.S. Constitution?

• A) Anti-Federalists
• B) Constitutionalists
• C) Federalists
• D) Tories
• E) Whigs

Understand and determine the acid-test (quick) ratio.

Analyze and calculate the current ratio.

Compute and understand the significance of accounts receivable turnover.

Calculate and interpret the inventory turnover.

---

Definitions:

Ledger Account

A record that summarizes all the transactions related to a particular item or individual in the accounting system, facilitating the preparation of financial statements.

Service Revenue

Revenue generated from the provision of services to customers.

Accounts Receivable

Accounts Receivable refers to the money owed to a company by its customers for products or services delivered or used but not yet paid for.

Trial Balance

A bookkeeping report that lists the balances of all ledger accounts to verify that total debits equal total credits.