Accounting & Finance Basics

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7 Questions

What is the German word for 'Assets' in accounting?

Aktiv

Which source of finance involves selling bills like Klarna?

Factoring

What is the formula for the Current Ratio?

Current assets/current liabilities

What is the maximum percentage of total assets that should be long-term loans according to the Debt Ratio?

50%

What is the formula for Gross Profit Margin?

Turnover - direct costs

What is the difference between Debt Ratio and Debt-to-Equity Ratio?

Debt Ratio compares long-term loans with equity, while Debt-to-Equity Ratio compares current assets with current liabilities.

What is the process of Venture Capital?

Investments in start-ups with the goal to sell the start-up or IPO.

Test your knowledge on accounting and sources of finance with this quiz! Learn the basics of assets and liabilities in accounting, and explore the different external sources of finance, including factoring, leasing, hire purchase, bank loans, and more. This quiz is perfect for students or professionals looking to improve their understanding of accounting and finance terminology.

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