Reference no: EM132825914
Suppose a company pays total dividends of $750,000 out of net income of $5 million. What would the payout ratio be?
Question 1 options:
0.15
0.25
0.50
0.35
On which of the four major financial statements would you find the increase in inventory?
Question 2 options:
balance sheet
income statement
statement of cash flows
statement of retained earnings
Question 3 options:
Suppose a company has a retention ratio of 35% and net income of $5 million. How much does it pay out in dividends?
If a firm has a cash cycle of 32 days and an operating cycle of 52 days, what is its payables turnover?
Question 4 options:
18.25
7.02
11.41
20.00
Suppose a company has had the historic sales figures shown below. What would be the forecast for next year's sales using the average approach?
Year
Sales
2015
$2,500,000
2016
$3,750,000
2017
$2,400,000
2018
$2,000,000
2019
$2,600,000
Question 5 options:
$2,500,000
$2,850,000
$2,650,000
$2,750,000
Which financial statement reconciles net income earned during a given period and any cash dividends paid within that period using the change in retained earnings between the beginning and end of the period?
Question 6 options:
statement of retained earnings
balance sheet
income statement
statement of cash flows
If a company has a cash cycle of 30 days and an operating cycle of 92 days, what is its average payment period?
Question 7 options:
94 days
58 days
30 days
34 days
A company has sales of $80,000 and cost of goods sold of $64,000. The company had a beginning inventory of $10,000 and an ending inventory of $12,000. What is the length of the days' sales in inventory?
Question 8 options:
13.75 days
45.63 days
68.44 days
17.19 days
On which of the four major financial statements would you find net plant and equipment?
Question 9 options:
balance sheet
income statement
statement of cash flows
statement of retained earnings
This is cash flow available for payments to stockholders and debt holders of a firm after the firm has made investments in assets necessary to sustain the ongoing operations of the firm.
Question 10 options:
net income available to common stockholders
cash flow from operations
net cash flow
free cash flow