上海对外贸易学院财管中加财务报表分析(答案见其他word)quiz 3
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Quiz 3 Name: Student No.: 1. 2. 3. 4. 5. 6. The statement of cash flows is least likely to provide which of the following items of information for investment decision making? A. Whether unexpected obligations of the firm can be met. B. Whether the firm is likely to need additional financing. C. Whether the firm can take advantage of new business opportunities as they arise. D. Whether the firm's management has demonstrated sound fiscal management. What is implied if the accounts receivable account has increased? A. Cash flow from operating activities is greater relative to net income. B. Cash flow from operating activities is less relative to net income. C. The firm's sales have increased relative to the prior year. D. None of the above. What impact does depreciation have on the cash account? A. Depreciation results in an increase to cash. B. Depreciation results in an decrease to cash. C. Depreciation has no impact on the cash account. D. Depreciation only impacts the cash account if inflation has occurred. Use the indirect method to answer questions 4-7. The following information is available for Casey Company: Net income $200 Increase in plant and equip. $ 90 Depreciation expense 50 Payment of dividends 25 Increase in accounts receivable 30 Increase in long-term debt 100 Decrease in inventories 10 Decrease in accounts payable 20 17. What is cash flow from operating activities for Casey Company? A. $195 B. $310 C. $210 D. $290 What is cash from investing activities for Casey Company? A. ($215) B. $215 C. ($90) D. $90 What is cash from financing activities for Casey Company? A. $75 B. $125 C. ($125) D. $55 1 7. 8. 9. 10. 11. 12. 13. What is the change in cash for Casey Company? A. $85 B. $375 C. $125 D. $195 The write-off of obsolete equipment would be classified as: A. operating cash flow. B. investment cash flow. C. financing cash flow. D. no cash flow impact. Increase in dividends payable would be classified as: A. operating cash flow. B. Investment cash flow. C. financing cash flow. D. no cash How impact. Net income for Monique Inc. for the fiscal period ended December31, 2005 is $78,000.Its accounts receivable balance at December 31,2005 is $121,000 and it was $69,000 at December31, 2004. Its accounts payable balance at December 31, 2005 is $72,000 and it was $43,000 at December 31, 2004. Depreciation for 2005 is $12,000 and there is an unrealized gain of $15,000 included in 2005 income from the change in value of trading securities. Which of the following amounts represents Monique's cash flow from operations for 2005? A. $52,000. B. $67,000. C. $82,000. D. $98,000. What does a decreasing inventory turnover ratio usually indicate about a firm? A. The firm is selling more inventory. B. The firm is managing its inventory well. C. The firm is inefficient in the management of inventory. D. Both (a) and (b). What is the net trade cycle? A. The amount of time needed to complete the normal operating cycle of a firm. B. The amount of time it takes to manufacture or buy inventory. C. The amount of time it takes to sell inventory. D. None of the above. To study trends in a firm's cost of goods sold (COGS), the analyst should standardize the cost of goods sold numbers to a common-sized basis by dividing COGS by: A. assets. B. sales. C. net income. D. the prior year's COGS. 2 14. 15. Return on equity using the traditional DuPont formula equals : A. (net profit margin)(interest component)(solvency ratio). B. (net profit margin)(total asset turnover)(tax retention rate). C. (net profit margin)(total asset turnover)(financial leverage multiplier). D. (tax rate)(interest expense rate)(financial leverage multiplier). The percentage change in operating earnings divided by the percentage change in sales is referred to as the: A. coefficient of variation of operating income. B. coefficient of variation of sales. C. operating leverage. D. gross profit margin. 3 本文来源：https://www.wddqw.com/doc/351d82d0730abb68a98271fe910ef12d2af9a91d.html