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Financial Ratios(Word Scramble)

Author:
Harold Averkamp, CPA, MBA

To see each answer, press or click on the blue "Unscramble" button. If you have difficulty answering the following questions, learn more about this topic by reading our Financial Ratios (Explanation).

1. Current assets minus current liabilities is _________ capital.

WORKING ONIRGKW
WORKING INOGWRK

2. Current assets divided by current liabilities is the __________ ratio.

CURRENT NURRCTE
CURRENT RNCTUER

3. Cost of goods sold divided by average inventory is the inventory ______________.

TURNOVER UTRVNROE
TURNOVER UVRERNTO

4. Net ______ sales divided by accounts receivable is the receivables turnover ratio.

CREDIT EDCRIT
CREDIT CDERTI

5. Days sales in accounts receivable is 365 divided by the ____________ turnover ratio.

RECEIVABLES EEIRLVAECSB
RECEIVABLES IVAESEERCLB

6. This is excluded from the current assets when calculating the quick ratio.

INVENTORY TRVIONNYE
INVENTORY VTRYEIONN

7. Another name for the quick ratio is the ______ test ratio.

ACID CDAI
ACID CIAD

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

VERTICAL IEVRCLAT
VERTICAL LEACTIRV

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

COMMON OMOMCN
COMMON OMMONC

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

HORIZONTAL NZILAOTROH
HORIZONTAL HLAOIORTNZ

11. The debt to equity ratio is the ratio of ____________ to stockholders' equity.

LIABILITIES IIALLESIBIT
LIABILITIES ALESIILTBII

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

AVERAGE EEAVRGA
AVERAGE ARAVEGE

13. Financial ratios are part of financial statement ___________.

ANALYSIS AAYLSNSI
ANALYSIS SIAANYLS

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

LIQUIDITY DUTQIIILY
LIQUIDITY TILUQIYDI

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

PROFITABILITY TIFRIAIPYTBOL
PROFITABILITY BARIYFTILTOPI

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

LEVERAGED LEAVEREDG
LEVERAGED EVEGLRDEA

17. Vertical analysis is associated with __________-size financial statements.

COMMON MCMNOO
COMMON MCOMNO

18. Horizontal analysis is associated with _______ analysis.

TREND RNDET
TREND TRDNE

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

TURNOVER NROVUTER
TURNOVER UVRNTREO

20. Accountants calculate the inventory turnover ratio by dividing the ______ of goods sold by the average inventory.

COST OTSC
COST OTSC
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

Learn More About Harold

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