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Income Statements MCQs PDF Download – Prep Test

MCQ 1: 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

MCQ 2: The number of shares outstanding if it is divided by net income for using to calculate:

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

MCQ 3: The intangible assets such as copyrights, trademarks and patents are applicable for:

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

MCQ 4: The 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

MCQ 5: The total common equity divided by common shares outstanding which is used to calculate:

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

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