a. Stockholders equity is equal to assets minus liabilities.

True False

b. Book value per share of stock is of greater concern to the financial manager than market value per share of stock.

True

False

c. Given the following, what is free cash flow?

Cash flow from operating activities $200,000 Cash flow from investing activities $140,000 Cash flow from financing activities $56,000 Building purchases$50,000 Dividends Paid $20,000

		$396,000
		$270,000
		$326,000
		$130,000