Correct Answer: Salaries Payable
Explanation:
Note: This Question is unanswered, help us to find answer for this one
Financial Statements Skill Assessment
Your Skill Level: Poor
Retake Quizzes to improve it
More Financial Statements MCQ Questions
Which of the following ratios measures the firm's performance in generating earnings that are assignable to the common shareholders' equity?
Which represent a measure of the assets provided by the original shareholder in exchange for an ownership interest in the firm?
Financial leverage can increase the return to common shareholders as long as ______________.
The Rate of Return on Assets can be disaggregated into two other ratios. Which is one of the two ratios?
A company wants to increase its rate of return on assets from 8 percent to 14 percent. It is believed that the firm's total assets turnover of .667 cannot be easily increased at the present time. What must the profit margin percentage be to achieve the desired 14 percent rate of return on assets?
What is an example of a liability?
Of the following, which is an item that doesn't belong in the heading of a balance sheet?
Almost all financial statements use what form of accounting?
Which of the following is NOT a division of sources and uses of cash flow on the cash flow statement?
Which of the following is NOT a primary section of a company’s financial statements?