Suppose a company pays total dividends of $750,000 out of net income of $5 million.What would the payout ratio be?

Question 1 options:

0.15

0.25

0.50

0.35

On which of the four major financial statements would you find the increase in inventory?

Question 2 options:

balance sheet

income statement

statement of cash flows

statement of retained earnings

Question 3 options:

Suppose a company has a retention ratio of 35% and net income of $5 million.How much does it pay out in dividends?

If a firm has a cash cycle of 32 days and an operating cycle of 52 days, what is its payables turnover?

Question 4 options:

18.25

7.02

11.41

20.00

Suppose acompanyhas had the historic sales figures shownbelow.What would be the forecast for next year's sales using the average approach?

Year

Sales

2015

$2,500,000

2016

$3,750,000

2017

$2,400,000

2018

$2,000,000

2019

$2,600,000

Question 5 options:

$2,500,000

$2,850,000

$2,650,000

$2,750,000

Which financial statement reconciles net income earned during a given period and any cash dividends paid within that period using the change in retained earnings between the beginning and end of the period?

Question 6 options:

statement of retained earnings

balance sheet

income statement

statement of cash flows

If a company has a cash cycle of 30 days and an operating cycle of 92 days, what is its average payment period?

Question 7 options:

94 days

58 days

30 days

34 days

A company has sales of $80,000 and cost of goods sold of $64,000. The company had a beginning inventory of $10,000 and an ending inventory of $12,000. What is the length of the days' sales in inventory?

Question 8 options:

13.75 days

45.63 days

68.44 days

17.19 days

On which of the four major financial statements would you find net plant and equipment?

Question 9 options:

balance sheet

income statement

statement of cash flows

statement of retained earnings

This is cash flow available for payments to stockholders and debt holders of a firm after the firm has made investments in assets necessary to sustain the ongoing operations of the firm.

Question 10 options:

net income available to common stockholders

cash flow from operations

net cash flow

free cash flow