Month: September 2010

Accounting Quiz or Test Your Accounting Knowledge On The Operating Cycle and Working Capital Ratios

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Refresh or test your accounting knowledge on The Operating Cycle and Working Capital Ratios : QUESTIONS: 1.0    What is the “ cash cycle” 2.0    What is:- (a)    a finished goods stock turnover period? (b)   a debtors turnover period How are they calculated? 3.0    A lengthening of the cash cycle will result in a smaller volume … Read more

Accounting Quiz or Test Your Accounting Knowledge On Financial Statement Analysis

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Refresh or test your accounting knowledge on Financial Statement Analysis: QUESTIONS: 1.0  Identify the users of financial statement 2.0  Indicate the purpose of financial statement analysis 3.0  Identify the types of financial statement analysis procedures 4.0  Assess the liquidity, profitability, efficiency and solvency of a business by applying the financial statement analysis 5.0  Explain the … Read more