QuizMagic

Now available on:
QuizMagic on Google Play QuizMagic Windows 8 App QuizMagic on Amazon Store QuizMagic on Firefox Marketplace
Create you own quizzes

Interpreting a Balance Sheet

Interpreting a Balance Sheet
Created by Quizmagic Team on Jan 21, 2013 01:03 PM.
How well do you understand Balance Sheets? Can you read a company's balance sheet and interpret it correctly?
Top 5 Scores
Anonymous
110
01:22
Ganeswar Miniaka
106
01:34
Ganeswar Miniaka
106
01:39
Raghav Chandak
102
01:49
Ganeswar Miniaka
97
01:36
Questions
12
Minutes
5
High Score
110
01:22
Quiz Played
2041
times
Last played on Jun 16, 2022View comments
Congratulation!

You are in top 5 scorers.
0
0
0
0
N/A
Answering this correctly will make the indicated neighbouring questions be automatically treated as having been answered correctly.
Answering this incorrectly will make the indicated neighbouring questions be automatically treated as having been answered incorrectly.
Answering this correctly will earn you some extra points.
Answering this incorrectly will cause you to lose some points.
Answering this correctly will increase the total time available to you.
Answering this incorrectly will reduce the total time available to you.
Rate this quiz
Embed this quiz on your blog or websiteShare this quiz

Copy this HTML code and paste in your website code to run this quiz on your site.

Size:
Size:

Similar Quizzes

Sample Questions

Question 1
In valuing an enterprise that is to be wound up, which of the following balance sheet figures is likely to be particularly misleading?
fixed assets
fixed liabilities
current assets
current liabilities
Question 2
A company has shareholders' funds of US$ 10,000, has fixed liabilities of US$ 10,000, pays US$ 1,000 interest on fixed liabilities, makes a profit before tax of US$ 3,000 and pays US$ 1,000 in tax. The return on total investment would be:
15 per cent
25 per cent
20 per cent
26.2317 per cent
Question 3
If a company has shareholders' funds of US$ 10,000, has fixed liabilities of US$ 10,000, pays US$ 1,000 interest on fixed liabilities, makes a profit before tax of US$ 3,000 and pays US$ 1,000 in tax, return on shareholders' funds expressed as a percentage is:
10 per cent
20 per cent
30 per cent
15 per cent
Question 4
In calculating the return on total investment, "return" means:
net profit after tax
profit before tax
net profit after tax + interest on fixed liabilities
profit before tax + interest on fixed liabilities
Question 5
Return on total long-term investment is calculated by dividing profit before tax + interest on fixed liabilities by:
shareholders' funds + owners' equity
shareholders' funds + fixed liabilities
total outside liabilities
shareholders' funds + current liabilities
Question 6
Return on total investment and return on shareholders' funds are two useful measures of:
liquidity
profitability
a company's cost of borrowing
solvency
comments powered by Disqus
X
Other recommended quiz for you
Connect with Facebook
OR
Connect with Google
Connecting...Back

Existing users, click here to login



By registering with us, you are agreeing to TERMS AND CONDITIONS of using our products/services.