One year ? As which teem refers to debts that are not que for at least a long to im bolowenge 51 Cussent liabilities c) Capilar stock d) Returned liabilities. 44 on increase in a credit card account from period to the next is considered a cash inflow a) The 55 false a 9) Accounts payable I what is the wesent ratio based on these number -Cash 150,000 a & Account Receivable 200,00 doo doventary 200,000 office equipment 275,000 125,000 Cullent liabilitie 445,000 b The current Patio is 1:33. 0.74 ht. 150.7 15.135,11 Current Ratio Cellent Assests X Current liabilities 6) c) d Life y 1107000 + 200,000 + 200.000 445000 PAGE No. the 6 How is the profit for year calculated ? cost of sales from revenue , was by deducting 57 tueting operating expenses from profit before by deducting cost of sales from profit before be a) by deducting income tax expense from profit . 3D by dedueti takes ltades before takes! Yous gore 7) on entreprenuer gay $13,000 incash for machandise that bus previously purchased on . edit what is effect on the financial Statements? , a) Current assests decrease and current liability bes. hlausseut fiabilies decease and edipende incecases C) 11 Que long term dicht inc. a Cullent assests bes and Cullent liabities res. and 12 * M activities what activities does bookkeeping include? vo collecting, classifying and weposting toansactions that take place in the business 5) Collecting classifying and deporting the netwillen that take place in the business J Recording business transctions in journals 3) Enswing that all Translations acte separted in y accordance with secepted accounting firezple b. and asserts employed for the q) Efficiency measures the relationship between profit inputs) year Coutfiet) generated a Tuve False : 8.3f a house account goes from $209,000 to $ 1$ 230,000 it is considered $ as as a) Towe a Cash outften True 1 false. 3 ca 15) what does capital cast allowance represent? an amount used to calculate the boola volued copia ga blanada Rewenise Ogency's equitalent accumulated Sepulcini of Yo Canada Revencie ency's equiment desseelicte d) can amount wed to calculate the deep leedual ) Nalue of fisced assets d) Nalue of five as shown in $ to bol What is bol_company has the following information. the impact on the statement of cash flows ? beginning of the year activities increased cash bay $56,000 1) Financing activities decreased cash by $ 10,000 a Cash at the 6) Cash at end s operating Yo so Select one o Cash increased ol by 5 Cash $ $ 40,000 6) Cash decreased by & 40,000 d) cash increased by & 10,000 2013, how would this charge ? As If the cellent ratio was 1.95 in 2012 and 1.86 in managers intercept his e) is current ratio of bas is worse than a 1.8tuation but it appears to be still acceptable your c es cessent ratio of 1.95 means that there is $1.95 of total assets for each dollar of liabilita Loossened during the years to The current ratio has because they d) Both ratios ase enacptable because 1.0. greater than 1. lemia es than ROR is to ensure 16) What is the ultimate objestive of fimamial feranual management? a) to ensure eshowse the ROA highese them Ror. that Rot is higher than the cost of financing c) to obtain a higher Roe thay, ROA d to collect trade reconables factere than the payment of trade and other payable . DATE * B] Both ) delle financial management tools that com financial analysis and vertical condition Lued to analyze the Statement of financial haition and the statement of income. Time 5 False 199 of business that impuse its average collectia henied impecoves its cash How a) false . equity ? as) Griven the follo Information, what es return OSS,00 Reofit for the year. 197, soo Gross profit 50,000 919.000 Profit before toner VO 30:1). b) 331/ c) 0.301 / d) 3.31% soll? Rot 1976000 655000 : 30:14. turnover 7 ean of 3) An objective inventory, tumas to inexace times Inventory should tumavce a) The false the number -Cash esy Both adjustments and depreciation in men-coche sobbing capital astounds are presented in the a statement of cash flows under the section. Thue False operepeting activities? & DATE dPAGE NO bey functions of the ticesine s mrowerte wolki selatan 26) One Jay True b) false. & Toddress ? 2 35) what does the weighted average cat copis e) Short term borrocoing long teen borrowings a) Investments made only by lendens a) Investments made only by shareholdem. 29) Current assets and current liabilities have to do with measuring the liquidity fontor wa Live b) false of a besiness. relate to borrowing funds 33) Investing decisions selate to investores of Trive 5 false. Suter 3) - larrive at Company et has A 5.9 and company a times interest-earned ratio of has a times interest - earned ratio of 6.4. A is a competition of B. what Aconclusion would the chiest finanual offices of A at looking at these numbers, and his como Deportices? a company in in bettes fosition to pay interest than it was last year. b) A times intarest earned ratio of 5.9 is better thana times interest-earned ratio of 6:4 c) The times interest earned ratio is of no. interest to lenders because the ratio are so close together. . onterest 1) Company B is better than position to pay A than company A is 33) em Important objective of financial managemeget is to ensure that the cost of borrowed funds A than the return on assests higher a) True 1) false. 3