ADMS 1500 Study Guide - Final Guide: Quick Ratio, Balanced Scorecard, Variable Cost

• School: York University
• Department: Administrative Studies
• Course: ADMS 1500
• Professor: all

Document Summary

Sign-in number (to be filled when you sign in only): _____________ An introduction to accounting: the analysis and use of financial information. Instructions: practice under examination conditions prior to the review class, for each question circle a b c d or e as appropriate, simple calculators without text memory are permitted. Part a multiple choice (70 / 100 marks two hours: financial statements are required to be produced by ____________. The canada business corporations act and its provincial equivalents. None of the above: the ratio of operating income to total assets is ____________. None of the above: investors buy shares in quietus ltd. for million. On day one of the company"s operations, million is spent on assets and million is borrowed from the bank. By the end of the first month they have also bought million of goods for resale on credit and made sales of million on credit.