**2. How is the Working Capital Ratio calculated?**
A. Current liabilities / current assets
B. Current assets / current liabilities
C. Total assets / total liabilities
D. Net income / total revenue
**- ANSWER: B. Current assets / current liabilities**
---
**3. What does the Acid-Test (Quick) Ratio measure?**
,ESTUDY
A. (Cash + Accounts Receivable + short-term investments) / total liabilities
B. (Cash + Accounts Receivable + short-term investments) / current liabilities
C. Total assets / total liabilities
D. Current assets - current liabilities
**- ANSWER: B. (Cash + Accounts Receivable + short-term investments) / current liabilities**
---
**4. What is the Debt to Assets Ratio?**
A. Total assets / total liabilities
B. Total liabilities / total assets
C. Total equity / total assets
D. Total revenue / total expenses
**- ANSWER: B. Total liabilities / total assets**
---
**5. How is FTE (Full-Time Equivalent) calculated?**
A. Total number of hours per employee in a week / 30
B. Total number of hours per employee in a week / 40
C. Total number of employees / hours worked
D. Total hours worked in a month / 160
, ESTUDY
**- ANSWER: B. Total number of hours per employee in a week / 40**
---
**6. What is the Profit Margin formula?**
A. Net Income / Total Revenue
B. Gross Income / Total Revenue
C. NOI / Total Revenue
D. Total Revenue - Total Expenses
**- ANSWER: C. NOI / Total Revenue (Net Operating Income)**
---
**7. How is Net Operating Income (NOI) defined?**
A. Total revenue - total expenses
B. Total (gross) Revenue - operating expenses
C. Gross profit - operating income
D. Total assets - total liabilities
**- ANSWER: B. Total (gross) Revenue - operating expenses**
---
**8. How is the Occupancy Rate calculated?**
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