Match the Following Principles with Their Correct Definition

question 88

Short Answer

Match the following principles with their correct definition.
a.Comparability
g.Historical cost
b.Conservatism
h.Matching
c.Double-entry accounting
i.Monetary unit
d.Economic entity
j.Revenue recognition
e.Going concern
k.Time period
f.Full disclosure
-This assumption states that in the absence of information to the contrary, it should be assumed that a company will continue to operate indefinitely.

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Definitions:

Dividend Yield

A ratio indicating the annual dividends a company distributes in relation to its share price.

Gross Margin Ratio

A financial metric that measures the percentage of sales revenue that exceeds the cost of goods sold, indicating the efficiency of sales and production.

Return on Common Stockholders' Equity

A measure of profitability that calculates how much profit a company generates with the money shareholders have invested.

Total Asset Turnover

A financial ratio that measures a company's ability to use its assets efficiently to generate sales revenue.