Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 Which of the following action/s is/are considered as source/s of cash? A. . . Decrease in asset account Increase in liability account Decrease in

image text in transcribed
1 Which of the following action/s is/are considered as source/s of cash? A. . . Decrease in asset account Increase in liability account Decrease in equity account Only A and B D. 2. Which of the following action/s is/are considered as use/s of cash? A. . . D Decrease in asset account Increase in notes payable balance Decrease in liability account Decrease in equity account 3. Change in cash flows comes from three major categories. EXCEPT: Operating Activity Investment Activity Capital Activity Financing Activity . . . D. Common-Size 4. compute all accounts as a percent of total assets. A. . Balance Sheets Income Statements Standardized Statements C. D. Both A and B 5. and A. . Ratios allow for better comparison Internally, externally through time, between company same industry, different industry Both A and B . D. Which of the following is NOT a typical category 6. of Financial Ratios? A. . Non-liquidity ratios Financial leverage ratios Profitability ratios Market value ratios C. D

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurial Finance

Authors: Philip J. Adelman; Alan M. Marks

6th edition

9780133099096, 133140512, 133099091, 978-0133140514

More Books

Students also viewed these Finance questions