14. (单选题)Robertson Corporation's inventory balance was $22,000 at the beginning of the year and $20,000 at the end. The inventory turnover ratio for the year was 6.0 and the gross profit ratio 40%. What were net sales for the year?

16. (判断题) The balance of net receivables represents the amount expected to be collected.

15. (判断题)The criteria for determining which items comprise cash equivalents often is disclosed in the summary of significant accounting policies.

14. (单选题)The principal concern with accounting for related-party transactions is:

13. (单选题)Disclosure notes would not include:

12. (单选题)When a company pays its bill from a plumber for previous services on account:

11. (单选题)New Oaks Winery requires two months to make wine, two years to age it, one month to bottle it, two months to sell it, and one month to collect the receivable. Its operating cycle is:

10. (单选题)The Management's Discussion and Analysis section of the annual report can best be described as:

9. (单选题)The following partial balance sheet ( ) for Paisano Seafood Inc. is shown below.
The acid-test ratio is ( ):

8. (单选题)Janson Corporation Co.'s trial balance included the following account balances at December 31, 2018:

7. (单选题)Which of the following is not used when analyzing long-term solvency?