Assume that the current ratio of XYZ Company is 2.5:1. What effect would an equal dollar increase in current assets and current liabilities have on the current ratio?

Which is NOT used to assess short-term liquidity risk?

Assume that the debt-equity ratio of XYZ Company is .5 to 1. If the company issued a long-term note in the purchase of some land, what effect would this transaction have on the debt-equity ratio?

The ________________ generally includes cash, marketable securities, and accounts receivable in its numerator.

____________ is/are the excess of expenses over revenue for a given period.

Which ratio measure how many times Accounts Receivable is turned over during each period?

What is the calculation used on the income statement?

What information is found on the Balance Sheet?

What audience is an annual report addressing?

What is another name for the Balance Sheet?

Why would investors have an interest in a company's statement of retained earnings?