APU FINC600 Week 7 Quiz (2016 Version)
Question 1 of 15
Assets are listed on the balance sheet in order of:
I) Decreasing liquidity
II) Decreasing size
III) Increasing size
IV) Relative life
A.I only
B.III and IV only
C.II only
D.IV only
Question 2 of 15
The difference between Total Assets of a firm and its Total Liabilities is called.
A.Net working capital
B.Net current assets
C.Net worth
D. None of the above
Question 3 of 15
The difference between Current Assets of a firm and its Current Liabilities is called.
A.Net worth
B.Net working capital
Question 1 of 15
Assets are listed on the balance sheet in order of:
I) Decreasing liquidity
II) Decreasing size
III) Increasing size
IV) Relative life
A.I only
B.III and IV only
C.II only
D.IV only
Question 2 of 15
The difference between Total Assets of a firm and its Total Liabilities is called.
A.Net working capital
B.Net current assets
C.Net worth
D. None of the above
Question 3 of 15
The difference between Current Assets of a firm and its Current Liabilities is called.
A.Net worth
B.Net working capital
