
Week 2 - M1 - Pregrad
Authored by ANKIT WALIA
Professional Development
Professional Development
Used 1+ times

AI Actions
Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...
Content View
Student View
30 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of an income statement?
To show a company's cash position
To show the company's net assets
To report revenues and expenses over a period
To calculate net worth
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Gross Profit is calculated as:
Revenue – Operating Expenses
Revenue – Cost of Goods Sold
Revenue – Taxes
Net Profit + Operating Expenses
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT part of operating expenses?
Salaries
Advertising
Depreciation
Loan repayments
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Net profit margin is calculated by:
Net Income / Revenue
EBIT / Total Assets
Net Income / Total Equity
Revenue / Net Income
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does EBIT stand for?
Earnings Before Income and Taxes
Earnings Before Interest and Tax
Expenditure Before Interest and Tax
Equity Before Interest and Tax
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which line item appears before taxes in the income statement?
Net Income
Cost of Goods Sold
Earnings Before Taxes
Operating Income
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these would not be found in an income statement?
Interest Expense
Revenue from operations
Capital Expenditures
Tax Expense
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
25 questions
STEP - Recap Quiz for Group Coaching
Quiz
•
Professional Development
30 questions
Digital Experience Roadshow 2022
Quiz
•
Professional Development
26 questions
Day 3 Quiz - Network Architecture
Quiz
•
Professional Development
26 questions
Faculty Assembly - Onboarding Seminar 2024
Quiz
•
Professional Development
25 questions
SC-200 Quiz
Quiz
•
Professional Development
25 questions
Saksham - 2023
Quiz
•
Professional Development
26 questions
SkillsFuture for Digital Workplace
Quiz
•
Professional Development
25 questions
Show What You Know 2- TTL Edition
Quiz
•
Professional Development
Popular Resources on Wayground
7 questions
History of Valentine's Day
Interactive video
•
4th Grade
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
22 questions
fractions
Quiz
•
3rd Grade
15 questions
Valentine's Day Trivia
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade