Which of one of the following indicates the amount that can be claimed by the sh

Question

Which of one of the following indicates the amount that can be claimed by the shareholders on the assets of the company they own? 1. Assets 2. Liabilities 3. Equity 4. Revenues 5. Net Profit

Which one of the following represents the amount of the services of others consumed by a business? 1. Assets of the business 2. Liabilities of the business 3. Equity of the business 4. Revenues of the business 5. Expenses of the business
A company's equity may decrease when it increases its assets. True False
If an excessive amount of inventory is purchased during one accounting period, the business will suffer large amount of losses due to the purchase during the period. True False
The Income Statement of a business shows EBIT. Which one of the following is wrong about EBIT? 1. It stands for the Earnings before Interests and Taxes. 2. It is also called the Operating Profits. 3. It contains the amount of Interest Expenses and Tax Expenses in it. 4. It is the result of revenues minus all expenses of the business.

Which one of the following explains EPS (Earnings per share) most appropriately? 1. It is one of the expenses that must be presented in the Income Statement. 2. It is one of the expenses of a business. However, it does not have to be presented in the Income Statement. Companies optionally present it on the bottom of their Income Statement. 3. It is a financial index that presents the growth of net profit in a simple format. 4. It is a financial index that represents the amount of net profits per share of common stock. Which of one of the following indicates the amount that can be claimed by the shareholders on the assets of the company they own? 1. Assets 2. Liabilities 3. Equity 4. Revenues 5. Net Profit

Which one of the following represents the amount of the services of others consumed by a business? 1. Assets of the business 2. Liabilities of the business 3. Equity of the business 4. Revenues of the business 5. Expenses of the business
A company's equity may decrease when it increases its assets. True False
If an excessive amount of inventory is purchased during one accounting period, the business will suffer large amount of losses due to the purchase during the period. True False
The Income Statement of a business shows EBIT. Which one of the following is wrong about EBIT? 1. It stands for the Earnings before Interests and Taxes. 2. It is also called the Operating Profits. 3. It contains the amount of Interest Expenses and Tax Expenses in it. 4. It is the result of revenues minus all expenses of the business.

Which one of the following explains EPS (Earnings per share) most appropriately? 1. It is one of the expenses that must be presented in the Income Statement. 2. It is one of the expenses of a business. However, it does not have to be presented in the Income Statement. Companies optionally present it on the bottom of their Income Statement. 3. It is a financial index that presents the growth of net profit in a simple format. 4. It is a financial index that represents the amount of net profits per share of common stock. Which of one of the following indicates the amount that can be claimed by the shareholders on the assets of the company they own? 1. Assets 2. Liabilities 3. Equity 4. Revenues 5. Net Profit

Which one of the following represents the amount of the services of others consumed by a business? 1. Assets of the business 2. Liabilities of the business 3. Equity of the business 4. Revenues of the business 5. Expenses of the business Which one of the following represents the amount of the services of others consumed by a business? 1. Assets of the business 2. Liabilities of the business 3. Equity of the business 4. Revenues of the business 5. Expenses of the business
A company's equity may decrease when it increases its assets. True False A company's equity may decrease when it increases its assets. True False
If an excessive amount of inventory is purchased during one accounting period, the business will suffer large amount of losses due to the purchase during the period. True False If an excessive amount of inventory is purchased during one accounting period, the business will suffer large amount of losses due to the purchase during the period. True False
The Income Statement of a business shows EBIT. Which one of the following is wrong about EBIT? 1. It stands for the Earnings before Interests and Taxes. 2. It is also called the Operating Profits. 3. It contains the amount of Interest Expenses and Tax Expenses in it. 4. It is the result of revenues minus all expenses of the business. The Income Statement of a business shows EBIT. Which one of the following is wrong about EBIT? 1. It stands for the Earnings before Interests and Taxes. 2. It is also called the Operating Profits. 3. It contains the amount of Interest Expenses and Tax Expenses in it. 4. It is the result of revenues minus all expenses of the business.

Which one of the following explains EPS (Earnings per share) most appropriately? 1. It is one of the expenses that must be presented in the Income Statement. 2. It is one of the expenses of a business. However, it does not have to be presented in the Income Statement. Companies optionally present it on the bottom of their Income Statement. 3. It is a financial index that presents the growth of net profit in a simple format. 4. It is a financial index that represents the amount of net profits per share of common stock. Which one of the following explains EPS (Earnings per share) most appropriately? 1. It is one of the expenses that must be presented in the Income Statement. 2. It is one of the expenses of a business. However, it does not have to be presented in the Income Statement. Companies optionally present it on the bottom of their Income Statement. 3. It is a financial index that presents the growth of net profit in a simple format. 4. It is a financial index that represents the amount of net profits per share of common stock.

Explanation / Answer

Dear Student Thank you for using Chegg Please find below the answer Statementshowing Computations Paticulars Q1 3. Equity Q2 5. Expenses of the business Q3 False, when firm increases assets then there is no loss in that. So equity wont decrease Q4 False it is not necessary … business may earn profit also .. Q5 2. It is also called the Operating Profits. Q6 4. It is a financial index that represents the amount of net profits per share of common stock.

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