Ashworth A04 Online Exam 3/ Ashworth A04 Online Exam 3

May 28th, 2016
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Question 1 of 20 5.0/ 5.0 Points Common-size balance sheets may be used for all of the following except A. gaining insights into the nature of a company’s operations B. analyzing a company’s asset and financial structure C. determining how management assesses the risks a company faces. D. learning about the underlying economics of an industry Question 2 of 20 5.0/ 5.0 Points Investing activities include the cash effects of: A. producing and delivering goods and services B. purchasing and disposing of fixed assets used in production of revenue C. borrowing and repaying loans used to purchase fixed assets. D. selling stocks and bonds to raise capital to purchase fixed assets Question 3 of 20 5.0/ 5.0 Points Financing activities include the cash effects of: A. producing and delivering goods and services B. purchasing and disposing of fixed assets used in production of revenue C. purchasing and disposing of debt securities of other companies D. selling stocks and

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ASHWORTH A04 ONLINE EXAM 3Question 1 of 205.0/ 5.0 PointsCommon-size balance sheets may be used for all of the following exceptA. gaining insights into the nature of a companys operationsB. analyzing a companys asset and financial structureC. determining how management assesses the risks a company faces.D. learning about the underlying economics of an industryQuestion 2 of 205.0/ 5.0 PointsInvesting activities include the cash effects of:A. producing and delivering goods and servicesB. purchasing and disposing of fixed assets used in production of revenueC. borrowing and repaying loans used to purchase fixed assets.D. selling stocks and bonds to raise capital to purchase fixed assetsQuestion 3 of 205.0/ 5.0 PointsFinancing activities include the cash effects of:A. producing and delivering goods and servicesB. purchasing and disposing of fixed assets used in production of revenueC. purchasing and disposing of debt securities of other companiesD. selling stocks and bonds to raise capital for the production of revenue5.0/ 5.0 PointsProbable future sacrifices of economic benefits arising from an entitys present obligations totransfer resources or provide services to other entities in the future as a result of past transactionsor events define:A. assetsB. liabilitiesC. equity.D. retained earningsQuestion 4 of 20Question 5 of 205.0/ 5.0 PointsThe Common Stock account is reported on the balance sheet at the:A. historical par value

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