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# Finc600 Week 7 Practice Quiz

• Date Submitted: 03/30/2016 10:44 PM
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FINC600 Week 7 Practice Quiz
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Corporate Finance
Week 7 Practice Quiz
Part 1 of 1 - 12.0/ 15.0 Points

Question 1 of 15 1.0/ 1.0 Points
Assets are listed on the balance sheet in order of:
I) Decreasing liquidity
II) Decreasing size
III) Increasing size
IV) Relative life

A.I only
B.III and IV only
C.II only
D.IV only

Question 2 of 15 0.0/ 1.0 Points
The difference between Total Assets of a firm and its Total Liabilities is called.

A.Net working capital
B.Net current assets
C.Net worth
D.None of the above

Question 3 of 15 1.0/ 1.0 Points
The difference between Current Assets of a firm and its Current Liabilities is called.

A.Net worth
B.Net working capital
C.Gross working capital
D.None of the above
Question 4 of 15 1.0/ 1.0 Points
Which of the following is an example of leverage ratios?

A.Debt-Equity ratio
B.Quick ratio
C.Payout ratio
D.Return on equity

Question 5 of 15 1.0/ 1.0 Points
Which of the following is an example of liquidity ratios?

A.Times interest earned (TIE)
B.P/E ratio
C.Return on equity
D.Quick ratio
Question 6 of 15 1.0/ 1.0 Points
Given the following data:
Current assets = 500
Current liabilities = 250
Inventory = 200
Account receivables = 200

Calculate the current ratio:

A.2.0
B.1.0
C.1.5
D.None of the above

Question 7 of 15 1.0/ 1.0 Points
Given the following data:
Sales = 3200
Cost of goods sold = 1600
Average total assets = 1600
Average inventory = 200

Calculate the asset turnover ratio:

A.2.0
B.0.9375
C.1.33
D.None of the above

Question 8 of 15 1.0/ 1.0 Points
Efficiency ratios indicate:
I) How productively is the firm...