Income Statements MCQs Test Online pdf Download

Practice MCQs on income statements with finance tests for online test prep and learning. Free study guide has multiple choice questions (MCQ) with income statements quiz as an annual estimated costs of assets uses up every year are included, answering options depreciation and amortization, net sales, net profit and net income for exam prep. Study to learn income statements quiz online with MCQs to practice test questions with answers.

MCQs on Income Statements

MCQ. An annual estimated costs of assets uses up every year are included

  1. depreciation and amortization.
  2. net sales.
  3. net profit.
  4. net income.

A

MCQ. Number of shares outstanding if it is divided by net income for using to calculate

  1. earning per share.
  2. dividends per share.
  3. book value of share.
  4. market value of shares.

A

MCQ. Intangible assets such as copyrights, trademarks and patents are applicable for

  1. depreciation.
  2. amortization.
  3. stock amortization.
  4. perishable assets.

B

MCQ. Net worth is also called

  1. asset net of liabilities.
  2. liabilities net of assets.
  3. earnings net on assets.
  4. liabilities net of earnings.

A

MCQ. Total common equity divided by common shares outstanding which is used to calculate

  1. book value of share.
  2. market value of shares.
  3. earning per share.
  4. dividends per share.

A

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