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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).

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1. Current assets minus current liabilities is _________ capital.

WORKING KORWNGI
WORKING NGIKORW

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

CURRENT EUCRTNR
CURRENT ERRNUCT

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

TURNOVER TONRURVE
TURNOVER RETRVUNO

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

CREDIT IRCTED
CREDIT CETDRI

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

RECEIVABLES EEAIELVSBRC
RECEIVABLES ERSEVBIELAC

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

INVENTORY RTEONNVYI
INVENTORY IVNNYTEOR

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

ACID ICDA
ACID AICD

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

VERTICAL ECVARTIL
VERTICAL ETACIVLR

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

COMMON NMOOCM
COMMON MOMONC

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

HORIZONTAL NOTAIZORHL
HORIZONTAL NOORTLAZHI

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

LIABILITIES BTEILLAIIIS
LIABILITIES LTIAISIIEBL

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

AVERAGE AAEREVG
AVERAGE EGVARAE

13. Financial ratios are part of financial statement ___________.

ANALYSIS YINASALS
ANALYSIS AYSISALN

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

LIQUIDITY IDUYLITQI
LIQUIDITY IDYLTIUQI

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

PROFITABILITY OTILAPTFIBYIR
PROFITABILITY TBPTAFROIIILY

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

LEVERAGED EGAEDVREL
LEVERAGED EEREDLAGV

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

COMMON MCONOM
COMMON NOCMMO

18. Horizontal analysis is associated with _______ analysis.

TREND RDETN
TREND NEDTR

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

TURNOVER VREUTORN
TURNOVER UVROTRNE

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

COST STOC
COST TSOC
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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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