5 Written questions
5 Matching questions
- Current ratio
- Pro forma statement of cash flows
- Pro forma income statement
- Financing activities
- Cost of sales (COGS)
- a includes all the direct costs associated with producing or delivering a product or service, including the material costs and direct labor.
- b 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.
- c 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.
- d shows the projected flow of cash into and out of the company during a specified period.
- e firm forecasts its future income and expenses.
5 Multiple choice questions
- an estimate of a firm's future income and expenses, based on its past performance, its current circumstances, and its future plans.
- miscellaneous assets, including accumulated goodwill.
- projections for future periods based on forecasts and are typically completed for two to three years in the future.
- a written report that quantitatively describes a firm's financial health.
- a snapshot of the company's assets, liabilities, and owner's equity at a specific point in time.
5 True/False questions
10-K → itemized forecasts of a company's income, expenses, and capital needs and are also an important tool for financial planning and control.
Statement of cash flows → shows the projected flow of cash into and out of the company during a specified period.
Operating expenses → include marketing, administrative costs, and other expenses not directly related to producing a product or service.
Debt-to-equity ratio → a simple ratio that measures the price of a company's stock against its earnings.
Liquidity → the strength and vigor of the firm's overall financial posture.