大學(xué)accounting題目,全英文,
11.A higher P/E ratio means that:
a)the stock is more reasonably priced.
b)earnings are expected to decrease.
c)investors are wary of the stock.
d)the stock is relatively expensive.
12.If the P/E ratio of a company's common stock were 12,and its earnings were $ 2.50 per common share:
a)an increase in earnings of $0.20 per share,with no change in the multiple,would result in a market price increase of $1.67 per share.
b)the market value of the common stock would be $20.83 per share.
c)the market value of the common stock would be $25.00 per share.
d)an increase in earnings of $0.20 per share,with no change in the multiple,would result in a market price increase of $2.40 per share.
13.The dividend payout ratio describes:
a)the relationship of dividends per share to market price per share.
b)the percentage change in dividends this year compared to last year.
c)the proportion of earnings paid as dividends.
d)dividends as a percentage of the price/earnings ratio.
14.Asset turnover calculations:
a)are made by dividing sales for the year by the asset balance at the end of the year.
b)are made by dividing the average asset balance during the year by the sales for the year.
c)should be evaluated by observing the turnover trend over a period of time.
d)communicate information about how promptly the entity pays its bills.
15.
Selling price per unit $ 200
Variable expenses per unit $ 130
Fixed expenses per month $ 225,000
The break-even point in volume of units (rounded to the nearest unit):
a)642,800 units
b)3,214 units
c)995 units
d)0 units
16.An item that cost $50 is sold for $60.The gross profit ratio for this item is:
a)35.1%
b)33.3%
c)16.7%
d)11.7%
17.
Selling price per unit $ 410
Variable expenses per unit $ 65
Fixed expenses per month $ 275,000
If the selling price per unit were to drop $4 from 410 to $406,the sales volume were to increase 450 units to 8,000 units per month,and advertising expense were to increase by $7,463:
a)the contribution margin ratio would increase.
b)the break-even point would decrease.
c)the break-even point would increase.
d)operating income would decrease.
20.In the statement of cash flows,an increase in the accounts receivable balance from the beginning of the period to the end of the period would:
a)be subtracted from net income because this represents earned revenue provided by operating earnings.
b)be added to net income because this means that revenues were less than cash collected.
c)be added to net income because this represents earned revenues that have not been collected.
d)be subtracted from net income because this means that revenues were more than cash collected.
22.An entity's current ratio will be influenced by:
a)the inventory cost flow assumption used.
b)writing off an overdue account receivable against the allowance for uncollectible accounts.
c)the depreciation method used.
d)issuance of a stock dividend.