FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
Fifo, Lifo and weighted average methods are related to?
A. Inventory valuation
B. Non current liabilities
C. Issue of shares
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- how do I compute or calculate valuation and relative value measure to assses stock correctly? calculation of stock pricearrow_forwardQuestion Content Area The price-earnings ratio on common stock is computed as a. dividends per share of common stock divided by earnings per share on common stock b. market price per share of common stock divided by earnings per share on common stock c. earnings per share of common stock divided by market price per share of common stock d. market price per share of common stock divided by dividends per share of common stockarrow_forwardWhich are the different categories of liabilities and stockholders' equity and describe them?arrow_forward
- Sales revenue is reported in the stockholder’s equity section of the balance sheet? True/falsearrow_forwardUnder IFRS, liabilities and shareholders' equity on the balance sheet usually appear in which order? Equity, noncurrent liabilities, and current liabilities O Equity, current liabilities, and noncurrent liabilities Current liabilities, noncurrent liabilities, and equity Noncurrent liabilities, current abilities, and equityarrow_forwardWhat is the difference between common stock and retained earnings?arrow_forward
- Stockholders' equity consists of which of the following? Multiple Choice Paid-in (or contributed) capital and retained earnings. Retained earnings and cash. Long-term assets. Paid-in (or contributed) capital and par value. Premiums and discounts. karrow_forwardWhat does the price-to-earnings (P/E) ratio indicate? A) The percentage of earnings paid out as dividends B) The market price per share divided by earnings per share C) The rate of return on shareholders' equity D) The book value of equity per sharearrow_forwardHow are dividends per share for common stock used in the calculation of the following? O A. O B. O c. OD. Dividends per share payout ratio Numerator Numerator Denominator Denominator Earnings per share Numerator Not used Not used Denominatorarrow_forward
- Which of the ratios listed helps to indicate whether current liabilities could be paid without having to sell the inventory? a.Current ratio b.Profit margin c.Quick ratio d.Debt to equityarrow_forwardRatios concerned with returns from, and the performance of, shares are 1.Market ratios 2.effeciency ratio 3.liquidity ratios 4.solvency ratioarrow_forwardDividends in arrears on preference shares are reported in the financial statements as a (an) a. liabilityb. reduction from Retained Earningsc. reduction from Retained Earningsd. expensearrow_forward
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