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5 Written questions

5 Matching questions

  1. Cash flow to creditors
  2. Net working capital
  3. Fixed assets
  4. Working capital =
  5. Operating cash flow
  1. a current assets
  2. b =current assets - current liabilities
  3. c a firm's interest payments to creditors less net new borrowings
  4. d equipment; buildings; goodwill
  5. e cash generated from a firm's normal business activities (of producing and selling).

5 Multiple choice questions

  1. listed in terms of who gets paid first
  2. (1) Par value (2) Paid-in capital in excess of par (3) Retained earnings
  3. total taxes paid divided by total taxable income (the percentage of your income that goes to pay taxes)
  4. the common set of standards and procedures by which audited financial statements are prepared
  5. amount of tax payable on the next dollar earned

5 True/False questions

  1. Current assetscash; inventory; accounts receivable

          

  2. Balance sheetthe percentage paid on teh next dollar earned

          

  3. Net working capitalcurrent assets

          

  4. Income statementfinancial statement showing a firm's accounting value on a particular date

          

  5. Net Fixed Assets =equipment; buildings; goodwill