1 Most accounting computer programs, such as QuickBooks, provide common-size analysis reports.

true false

2 If Company A had earnings per share of $4 and Company B had earnings per share of $3, then it is accurate to conclude that Company A was more profitable.

true false

3 All of the following accounts would typically be used to calculate the quick ratioexcept:

Group of answer choices

cash.

equipment.

accounts payable.

accounts receivable.

4 All of the following ratios are used to evaluate short-term liquidityexcept:

Group of answer choices

the current ratio.

the inventory turnover ratio.

the gross margin ratio.

None of the answer choices is correct.

5) Filmore Inc. has the following information available for 2016 and 2017:

2016

2017

Current liabilities$250,000

$400,000

If you were performing a trend analysis on this information, you would say that current liabilities have:

Group of answer choices

a) increased by 37.5%.

b)increased by 62.5%.

c)increased by 60%.

d)None of the answer choices is correct.