G Skillsh G Person ~ IGIHE| M Inbox ( C Chegg Sign ol M Inbox( E 33 - G (48) B | 33 - G E 22 - G A Qu X 0 Mail - |A Algonc Course accour Mi Inbox(uTorre N Blood D Watch - C A brightspace.algonquincollege.com/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d2|?ou=466872&isprv=&drc=0&qi=556871&cfql=0&dnb=0&fromQB=0 GodAndUpdate G Gmail Youtube i ... ... Mixpanel: Product... C Crazy Egg Websit... G MGT2203 - Final Test X Time Limit: 1:00:00 Time Left:0:59:49 Rubibi Karasira Dylan: Attempt 1 Page 1: Question 1 (1 point) 1 2 3 Leverage ratios measure the level of debt the business has and its ability to pay back this debt over a 12-month period of time. 4 5 6 True False 8 V 9 -- Question 2 (1 point) 10 11 12 The measures the degree to which the assets of the firm have been -- -- financed with borrowed funds. 13 14 15 debt to equity ratio None of the responses are correct 16 17 18 equity to assets ratio -- -- debt to assets ratio 19 20 21 -- Question 3 (1 point) 22 23 24 Which asset is NOT included in the quick ratio analysis? -- -- Accounts receivables Marketable securities Cash Inventory w 08. Activity-Ba...docx W 04. Stakeholder....docx 10. Detailed Bud....xIsx Show All XG Skillsh G Person ~ IGIHE| M Inbox ( C Chegg Sign ol M Inbox( E 33 - G (48) B E 33 - G E 22 - G A Qu X 0 Mail - |A Algonc Course accour Mi Inbox(uTorre N Blood D Watch - C A brightspace.algonquincollege.com/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d2|?ou=466872&isprv=&drc=0&qi=556871&cfql=0&dnb=0&fromQB=0 GodAndUpdate G Gmail YouTube i ... ... Mixpanel: Product... C Crazy Egg Websit... G MGT2203 - Final Test X Time Limit: 1:00:00 Time Left:0:59:40 Rubibi Karasira Dylan: Attempt 1 Page 1: Question 4 (1 point) 1 2 3 If the business has total assets of $25,000 and its overall net sales is $150,000, every dollar of assets generates $6 in sales. 4 5 6 True False 8 9 V Question 5 (1 point) -- Profitability Ratios answers the question: 10 11 12 -- How well does a company utilizes its assets to produce profit and value to employees. 13 14 15 True False 16 17 18 -- -- Question 6 (1 point) 19 20 21 One-time expenditures include all of the following, except. -- employees' wages 22 23 24 -- -- fixtures soft costs capital expenditures Question 7 (1 point) w 08. Activity-Ba...docx W 04. Stakeholder...docx 10. 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G MGT2203 - Final Test X Time Limit: 1:00:00 Time Left:0:59:33 Rubibi Karasira Dylan: Attempt 1 Page 1: Question 7 (1 point) 1 2 3 A low value for DSI (Days Sale in Inventory) indicates that a company has an efficient inventory management system. 4 5 6 True False 8 V 9 Question 8 (1 point) -- Solvency ratios include all but the following: 10 11 12 -- -- Times interest earned ratio 13 14 15 Equity ratio Debt ratio 16 17 18 Profit margin ratio -- -- Question 9 (1 point) 19 20 21 -- The return on equity ratio is an example of a(n): 22 23 24 asset ratio -- -- leverage ratio O profitability ratio liquidity ratio w 08. Activity-Ba...docx W= 04. Stakeholder...docx 10. 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G MGT2203 - Final Test X Time Limit: 1:00:00 Time Left:0:59:26 Rubibi Karasira Dylan: Attempt 1 Page 1: Question 10 (1 point) 1 2 3 Financial ratios that determine how well a company can pay off its short-term debts and meet unexpected needs for cash are the following: 4 5 6 turnover ratios liquidity ratios 8 V 9 leverage ratios -- O profitability ratios 10 11 12 -- -- Question 11 (1 point) How effectively a company uses its resources to generate sales can be determined 13 14 15 with 16 17 18 asset turnover ratios -- -- leverage ratios 19 20 21 leverage ratios -- leverage ratios 22 23 24 -- -- -- Question 12 (1 point) Company ABC generates a return on assets of 2.5%, and the industry benchmark is 3%. This would indicate that Company ABC is doing a much better job of generating w 08. Activity-Ba...docx W= 04. Stakeholder...docx 10. Detailed Bud....xIsx Show All XG Skillsh G Person ~ IGIHE| M Inbox ( C Chegg Sign ol M Inbox( E 33 - G (48) B E 33 - G E 22 - G A Qu X 0 Mail - |A Algonc Course accour Mi Inbox(uTorre N Blood D Watch - C A brightspace.algonquincollege.com/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d2|?ou=466872&isprv=&drc=0&qi=556871&cfql=0&dnb=0&fromQB=0 GodAndUpdate G Gmail Youtube i ... ... Mixpanel: Product... C Crazy Egg Websit... G MGT2203 - Final Test X Time Limit: 1:00:00 Time Left:0:59:19 Rubibi Karasira Dylan: Attempt 1 Page 1: Question 12 (1 point) 1 2 3 Company ABC generates a return on assets of 2.5%, and the industry benchmark is 3%. 4 5 6 This would indicate that Company ABC is doing a much better job of generating income from assets as compared to the industry average. 8 9 V -- O True 10 11 12 False -- -- Question 13 (1 point) 13 14 15 The creation of a proforma income statement is important as it: summarizes the important activities and provides valuable information to 16 17 18 -- -- -- nvestors includes the marketing and sales information to meet sales targets 19 20 21 -- clarifies the level of short- and long-term company debt summarizes the assets that the business holds 22 23 24 -- -- Question 14 (1 point) All of the following are required to construct a pro forma income statement, except. last period's actual sales. w 08. Activity-Ba...docx W 04. Stakeholder...docx 10. 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G MGT2203 - Final Test X Time Limit: 1:00:00 Time Left:0:56:39 Rubibi Karasira Dylan: Attempt 1 Page 1: Question 14 (1 point) 1 2 3 All of the following are required to construct a pro forma income statement, except. last period's actual sales. 4 5 6 variable operating expenses. projected cost of goods sold. 8 V 9 -- O projected net sales. 10 11 12 Question 15 (1 point) -- The preparation of proforma financial statements for a new company can assist the business in determining: 13 14 15 What are the financial ratios as compared to the industry benchmarks 16 17 18 How much financing is required in the future to support the company's sales -- -- growth 19 21 What business operating units should be reorganized 20 -- How products or service should be distributed in geographic markets 22 23 24 -- -- -- Question 16 (1 point) Key variables that can impact a cash budget include all the following, except: retained earnings cash disbursements w 08. Activity-Ba...docx W 04. Stakeholder...docx *= 10. Detailed Bud....xIsx Show All XG Skillsh G Person ~ IGIHE| M Inbox ( C Chegg Sign ol |Mi Inbox( E 33 - G (48) B E 33 - G E 22 - G A Qui X o Mail - A Algonc Course accour Mi InboxuTorre N Blood D Watch - C A brightspace.algonquincollege.com/d21/Ims/quizzing/user/attempt/quiz_start_frame_auto.d2|?ou=466872&isprv=&drc=0&qi=556871&cfql=0&dnb=0&fromQB=0 GodAndUpdate G Gmail YouTube i ... ... Mixpanel: Product... C Crazy Egg Websit... G MGT2203 - Final Test X Time Limit: 1:00:00 Time Left:0:56:33 Rubibi Karasira Dylan: Attempt 1 Page 1: Question 16 (1 point) 1 2 3 Key variables that can impact a cash budget include all the following, except: retained earnings 4 5 6 cash disbursements cash balance 8 V 9 -- cash collection 10 11 12 Question 17 (1 point) -- Which of the following is an example of a fixed operating expense? 13 14 15 Advertising and promotion expenses Rent 16 17 18 -- -- Wages and salaries Delivery expenses 19 20 21 -- Question 18 (1 point) 22 23 24 The Capital Cost Allowance (CCA) for a Canadian business is established by the -- -- Internal Revenue Service (IRS). True O False w 08. Activity-Ba...docx W 04. Stakeholder...docx 10. Detailed Bud....xIsx Show All X