In computing the rate of return on common shareholders' equity, do dividends on preferred stock have to be added to net income?

The _______________ is the financial statement that presents the results of earnings activity over time.

Which ratio would probably NOT be used to analyze the Total Assets Turnover Ratio?

XYZ Company's retained earnings increased by $100,000 during the year. Also during the year, dividends totaling $22,500 were declared and paid to shareholders. What was XYZ Company's net income for the year?

The _____________ considers the availability of liquid assets to cover various levels of debt. For a financially healthy firm, the ratio should be 20 percent or more.

The _______________ represent/s the earnings, or profits, in excess of dividends distributed to shareholders that have been realized by the firm since its formation.

What happens to retained earnings as dividends are declared?

Current assets do NOT include which of the following

When goods have been sold but not paid for, where are they documented in the balance sheet?

A measure of the overall efficiency of asset utilization is the:

When are current liabilities due to be paid?