1. Stockholders equity a. Is usually equal to cash on hand b. Is equal to liabilities and retained earnings c. Includes retained earnings and common stock d. Is shown on the income statement

2. If a company has liabilities of $19,000 and stockholders equity of $57,000, its assets are a. $38,000 b. $76,000 c. $57,000 d. 19,000

3. Free cash flow is net cash provided by operating activities a. Less capital expenditures b. Less cash dividends c. Less capital expenditures and cash dividends d. Less capital expenditures and salaries expense