HSC Finance questions

Front

What does a cash flow statement show?

Back

liquidity

Front

The ability to use resources effectively, ensuring financial stability and profitability

Back

efficiency

Front

The amount of cash moving into and out of a business

Back

Cash Flow

Front

The accounting equation is

Back

Assets = Liabilities + Owners' Equity, Liabilities = Assets - Owners' Equity, Owners' Equity = Assets - Liabilities

Front

Which of the following is NOT a current asset? Cash, Inventory, Building, Accounts Receivable

Back

Building

Front

Which of the following is NOT a current liability? Credit card, Cash, Accounts Payable, Overdraft

Back

Cash

Front

Which financial statement contains the information to calculate the current ratio (current assets / current liabilities)?

Back

Balance Sheet

Front

Which financial objective does the current ratio measure?

Back

Liquidity

Front

Which financial objective does the gearing ratio measure? Liquidity, Efficiency, Solvency, Profitability

Back

Solvency

Front

Which of the following can be found on the Income Statement? Current assets, Cash inflows, COGS, Retained profit

Back

COGS