The Account Names in a Worksheet Are Taken from and Listed

question 130

Multiple Choice

The account names in a worksheet are taken from and listed in the same order as the:

• A)balance sheet.
• B)ledger.
• C)journal.
• D)chart of accounts.

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Definitions:

Receivable Turnover Ratio

A financial metric used to measure how efficiently a company uses its assets by calculating how many times a company can turn its accounts receivable into cash within a period.

Inventory Turnover Ratio

The inventory turnover ratio measures how many times a company's inventory is sold and replaced over a period.

Average Days

An accounting measure used to calculate the average number of days taken for a company to collect cash from its customers or pay its debts.

Dividend Yield Ratio

An economic ratio that illustrates the yearly dividend disbursement of a company as a percentage of its stock value.