1. What do the asset turnover ratios measure?

2. Subtracting all expenses from revenues yields?

3. Balance Sheet shows :

4. Drawing is deducted from:

5. Computers purchased for re-sale is:

6. Final Accounts are prepared :

7. Profit and loss Account discloses:

8. Profit earn through normal activities of business

9. Trading Account discloses-

10. Outstanding Salaries is shown as

11. The primary source of revenue for a wholesaler is?

12. Which of the following items is included in the adjustment of net income to obtain cash flow from operating activities?

13. How would revenue from sales of goods and services be classified?

14. Goodwill is a-

15. Which is an example of fictitious assets?

16. What does an increasing collection period for accounts receivable suggest about a firm’s credit policy?

17. Drawing is deducted from:

18. Trade Mark is _.

19. Direct Expenses are entered in:

20. Direct Expenses are entered in: