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1. Price and Valuc are the same thing: a. True b. False 2. Current assets are assets that a. b. c. d. will be converted

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1. Price and Valuc are the same thing: a. True b. False 2. Current assets are assets that a. b. c. d. will be converted to cash within 1 year Must be paid within one year Are the same as cash Are the same as current liabilities 3. he profitability of a company can be negatively affected by a. Too much inventory b. Too little inventory c. Either A or B d. Neither A or B 4. When analysts and investors determine the value of an investment, they should consider: a. the size of the expected cash flows associated with owning the stock b. the timing of the cash flows c. the riskiness of the cash flows d. all of the above e. none of the above 5. The primary formula of a balance sheet can be stated as: a. total assets total liabilities + total equity b, total assets = total liabilities-total equity c. total equity total assets + total liabilities

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