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1. Current assets minus current liabilities is _________ capital. | WORKING GRNOKWI | Unscramble |

2. Current assets divided by current liabilities is the __________ ratio. | CURRENT RTUCENR | Unscramble |

3. Cost of goods sold divided by average inventory is the inventory ______________. | TURNOVER RRETNVOU | Unscramble |

4. Net ______ sales divided by accounts receivable is the receivables turnover ratio. | CREDIT RDEICT | Unscramble |

5. Days sales in accounts receivable is 365 divided by the ____________ turnover ratio. | RECEIVABLES BESVEELARIC | Unscramble |

6. This is excluded from the current assets when calculating the quick ratio. | INVENTORY TRNEYOVNI | Unscramble |

7. Another name for the quick ratio is the ______ test ratio. | ACID CADI | Unscramble |

8. _________ analysis results in all income statement amounts expressed as a percentage of net sales. | VERTICAL TREILAVC | Unscramble |

9. __________-size balance sheets show all amounts as a percentage of total assets. | COMMON OMCNOM | Unscramble |

10. ____________ analysis results in amounts expressed as a percentage of an earlier, base year. | HORIZONTAL LAOOTHINZR | Unscramble |

11. The debt to equity ratio is the ratio of ____________ to stockholders' equity. | LIABILITIES BIISTEIIALL | Unscramble |

12. When dividing income statement amounts by balance sheet amounts, it is logical to use an ___________ of the balance sheet amounts. | AVERAGE GEVRAAE | Unscramble |

13. Financial ratios are part of financial statement ___________. | ANALYSIS SNIYASLA | Unscramble |

14. The current ratio and the quick ratio are indicators of a company's ___________. | LIQUIDITY IIUDYTIQL | Unscramble |

15. The profit margin ratio and the return on assets are indicators of a company's ____________. | PROFITABILITY IYITATLORIBPF | Unscramble |

16. A very large amount of debt in relation to the amount of assets indicates that a company is highly _______________. | LEVERAGED DEAGREEVL | Unscramble |

17. Vertical analysis is associated with __________-size financial statements. | COMMON OOCMMN | Unscramble |

18. Horizontal analysis is associated with _______ analysis. | TREND DERTN | Unscramble |

19. The receivables ______________ ratio is net credit sales divided by the average amount of accounts receivable. | TURNOVER NVUORERT | Unscramble |

20. Accountants calculate the inventory turnover ratio by dividing the ______ of goods sold by the average inventory. | COST SOCT | Unscramble |

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