Based on the following data for the current year, what is the accounts receivable turnover? a. 8.9 b. 4.0 c. 4.0 d. 10.0 Which of the following is not included in the computation of the acid-test ratio, also known as the quick ratio? a. short-term investments b. accounts receivable c. prepaid expenses d. cash On the statement of cash flows using the indirect format, the loss on the sale of building is: a. deducted from net income in the operating activities section. b. included as an inflow in the investing activities section. c. added to net income in the operating activities section. d. included as an outflow in the investing activities section. If the equity ratio of a company is 53%, then the debt ratio is a. 53%. b. 47%. c. 100%. d. Need more information to compute. Cash payments for dividends would be reported in the following section of the statement of cash flows: a. investing activities b. noncash investing and financing activities c. financing activities d. operating activities What type of analysis is indicated by the following? a. common-size analysis b. vertical analysis c. horizontal analysis d. trend analysis