{"id":540,"date":"2017-11-04T09:39:47","date_gmt":"2017-11-04T03:39:47","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/a-firm-uses-2008-as-the-base-year-for-its-financial-one-of-the-following\/"},"modified":"2017-11-04T09:39:47","modified_gmt":"2017-11-04T03:39:47","slug":"a-firm-uses-2008-as-the-base-year-for-its-financial-one-of-the-following","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/a-firm-uses-2008-as-the-base-year-for-its-financial-one-of-the-following\/","title":{"rendered":"A firm uses 2008 as the base year for its financial &#8230;..one of the following?"},"content":{"rendered":"<p>A firm uses 2008 as the base year for its financial statements. The common-size, base-year statement for 2009 has an inventory value of 1.08. This is interpreted to mean that the 2009 inventory is equal to 108 percent of which one of the following?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[68],"subject":[7],"class_list":["post-540","mcq","type-mcq","status-publish","hentry","topic-working-with-financial-statement","subject-corporate-finance"],"mcq_note":"A firm uses 2008 as the base year for its financial statements. The common-size, base-year statement for 2009 has an inventory value of 1.08. This is interpreted to mean that the 2009 inventory is equal to 108 percent of which one of the following?Answer:2008 inventory expressed as a percent of 2008 total assets .","mcq_options":[{"right":"no","answer":"2008 inventory "},{"right":"no","answer":"2008 total assets "},{"right":"no","answer":"2009 total assets "},{"right":"yes","answer":"2008 inventory expressed as a percent of 2008 total assets "}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":68,"title":"Working with Financial Statement","slug":"working-with-financial-statement"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=540"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=540"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=540"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}