5 Written questions
5 Matching questions
- Accounts receivable
- Financing activities
- Owner's equity
- Statement of cash flows
- a summarizes the changes in a firm's cash position for a specified period of time and details why the change occurred.
- b how productively a firm utilizes its assets relative to its revenue and its profits.
- c include cash raised during the period by borrowing money or selling stock and/or cash used during the period by paying dividends, buying back outstanding stock, or buying back outstanding bonds.
- d money owed to it by its customers.
- e the equity invested in the business by the owners plus the accumulated earnings retained by the business after paying dividends.
5 Multiple choice questions
- a simple ratio that measures the price of a company's stock against its earnings.
- a company's ability to meet its short-term financial obligations.
- equals the firm's current assets divided by its current liabilities, can tell us about the firm's ability to pay its short-term debts.
- firm forecasts its future income and expenses.
- a written report that quantitatively describes a firm's financial health.
5 True/False questions
Financial management → a written report that quantitatively describes a firm's financial health.
Sales forecast → a projection of a firm's sales for a specified period.
Operating expenses → include marketing, administrative costs, and other expenses not directly related to producing a product or service.
Balance sheet → a snapshot of the company's assets, liabilities, and owner's equity at a specific point in time.
Pro forma statement of cash flows → summarizes the changes in a firm's cash position for a specified period of time and details why the change occurred.