FINC400 quiz 1

Aug 11th, 2016
Studypool Tutor
Price: $15 USD

Tutor description

Question 1 of 25 4.0 Points The firm’s price-earnings (P/E) ratio is influenced by its A. capital structure B. earnings volatility C. sales, profit margins, and earnings D. all of these Question 2 of 25 4.0 Points The primary disadvantage of accrual accounting is that A.it does not match revenues and expenses in the period in which they are incurred B.it does not appropriately measure accounting profit C.it does not recognize accounts receivable D.it does not adequately show the actual cash flow position of the firm Question 3 of 25 4.0 Points Total assets of a firm are financed with liabilities and stockholders' equity True False Question 4 of 25 4.0 Points Gross profit is equal to A.sales minus cost of goods sold B.sales minus (selling and administrative expenses) C. sales minus (cost of goods sold and selling and administrative expenses). D. sales minus (cost of goods sold and depreciation expense). Question 5 of 25 4.0 Po

Word Count: 1008
Showing Page: 1/7
FINC400 quiz 1Question 1 of 254.0 PointsThe firms price-earnings (P/E) ratio is influenced by itsA. capital structureB. earnings volatilityC. sales, profit margins, and earningsD. all of theseQuestion 2 of 254.0 PointsThe primary disadvantage of accrual accounting is thatA.it does not match revenues and expenses in the period in which they are incurredB.it does not appropriately measure accounting profitC.it does not recognize accounts receivableD.it does not adequately show the actual cash flow position of the firmQuestion 3 of 254.0 PointsTotal assets of a firm are financed with liabilities and stockholders' equityTrueFalseQuestion 4 of 254.0 PointsGross profit is equal toA.sales minus cost of goods soldB.sales minus (selling and administrative expenses)C. sales minus (cost of goods sold and selling and administrative expenses).D. sales minus (cost of goods sold and depreciation expense).Question 5 of 254.0 PointsThe higher the profit of a firm, the higher the value the firm is assured of receiving in the marketA. TrueB. FalseQuestion 6 of 254.0 PointsRatios are used to compare different firms in the same industryA. TrueB. FalseQuestion 7 of 254.0 PointsThe Sarbanes-Oxley Act was passed in an effort toA. protect small business from large corporations dominating the marketB. ensure that partnerships divide profits among partners in a fair mannerC. guarantee outside auditors can control corporate accounting practice

Review from student

Studypool Student
" awesome work thanks "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1829 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors