5 Written questions
5 Matching questions
- Income statement
- Financial ratios
- Regression analysis
- Investing activities
- Current assets
- a a statistical technique used to find relationships between variables for the purpose of predicting future values.
- b depict relationships between items on a firm's financial statements, used to discern whether a firm is meeting its financial objectives and how it stacks up against its industry peers.
- c reflects the results of the operations of a firm over a specified period of time.
- d include the purchase, sale, or investment in fixed assets, such as real estate, equipment, and buildings.
- e include cash plus items that are readily convertible to cash, such as accounts receivable, marketable securities, and inventories.
5 Multiple choice questions
- a report similar to the annual report except that it contains more detailed information about the company's business.
- the strength and vigor of the firm's overall financial posture.
- 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.
- firm forecasts its future income and expenses.
5 True/False questions
Owner's equity → miscellaneous assets, including accumulated goodwill.
Current liabilities → include obligations that are payable within a year, including accounts payable, accrued expenses, and the current portion of long-term debt.
Financial management → deals with two activities: raising money and managing a company's finances in a way that achieves the highest rate of return .
Efficiency → how productively a firm utilizes its assets relative to its revenue and its profits.
Financing activities → 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.