Net working capital can be described

Assignment Help Financial Management

Reference no: EM131518911

1) Net Working Capital can be described as:

a. Fixed assets - accumulated depreciation

b. Total liabilities - current liabilities

c, Current assets - current liabilities

d. Total Equity - retained earnings

2) All of the following are true EXCEPT:

a. Equity + Liabilities = Assets

b. Total liabilities & equity - equity - long term liabilities = current liabilities

c. Current assets - current liabilities = Net Working Capital

d. Assets=Liabilities - Equity

3) Which of the below is always a 'non-cash' expense?

a. depreciation expense

ib. ncome tax expense

c. accumulated depreciation

d. cost of goods sold

4 Which of the below about corporate income taxes is true?

a. Total tax liability / taxable income = marginal tax rate

b. The marginal tax rate is the rate of tax paid on the next dollar of taxable income.

c. The highest average tax rate paid by corporations is 39%

d. The highest marginal tax rate is 39%, which is the rate paid on taxable incomes in excess of 18,333,333.

Reference no: EM131518911

Questions Cloud

Maturation process or life cycle : Please be sure to include a detail introduction and conclusion on the maturation process or life cycle that businesses go through.

Design a marketing research project : Design a marketing research project, using both secondary and primary data, to help the company better understand the new market.

What role does differential reinforcement play : What is an example of a behavior that may require shaping? What role does differential reinforcement play

Do you think a dollar value should be placed on human life : Do you think a dollar value should be placed on human life? If your answer is "no," how do decide whether to spend an extra $100 million on healthcare safety?

Net working capital can be described : Net Working Capital can be described as, Which of the below is always a 'non-cash' expense?

Design and equipment selection for a food : Describe one of the factors involved in facility design and equipment selection for a food and beverage operation.

How to handle year-end adjusting entries : The accounting manager at Antwerp's TranquilStay Hotel has prepared the following profit and loss statement that pertains to the most recent accounting.

Discuss at least five criteria that you would use to design : Discuss at least five criteria that you would use to design and develop this presentation so it communicates most effectively with an audience of your choosing.

Results of self-assessment : Conclusion Based on the results of your self-assessment and your research on your selected leader, how may you continue to improve and build.

User Account

All Pages