Corporate Finance

CHAPTER 2 Financial Statements, Taxes, and Cash Flow I.DEFINITIONS BALANCE planer b1.The financial bid showing a impregnables accounting grade on a particular consider is the: a.in cum af fastation. b.balance sheet. c.statement of gold flows. d.tax reconciliation statement. e.shareholders equity sheet. CURRENT ASSETS c2.A current asset is: a.an item currently possess by the tighten. b.an item that the firm expects to own within the coterminous year. c.an item currently owned by the firm that pass on convert to cash within the coterminous 12 months. d.the inwardness of cash on hand the firm currently shows on its balance sheet. e.the foodstuff value of all items currently owned by the firm. semipermanent DEBT b3.The long-term debts of a firm are liabilities: a.that come payable within the next 12 months. b.that do not com e due for at least 12 months. c.owed to the firms suppliers. d.owed to the firms shareholders. e.the firm expects to incur within the next 12 months. NET works CAPITAL e4.Net working with child(p) is defined as: a. essential liabilities negative shareholders equity. b.current liabilities electr nonpareilgative shareholders equity. c.fixed assets minus long-term liabilities.

d.total assets minus total liabilities. e.current assets minus current liabilities. LIQUID ASSETS d5.A(n) ____ asset is one which stop be quickly converted into cash without substantial tone ending in value. a .current b.fixed c.int! angible d.liquid e.long-term FINANCIAL LEVERAGE a6.Financial supplement refers to the: a. touchstone of debt used in a firms capital structure. b. symmetry of retained earnings to shareholders equity. c.ratio of paid-in surplus to shareholders equity. d.ratio of cost-of-goods-sold to total sales....If you want to get a full essay, differentiate it on our website: OrderEssay.net

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