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Quiz Review Obj 3.01 & 3.02

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

What type of document outlines the financial status of a business?

a)

Balance Sheet

b)

Annual Report

c)

Bank Statement

2.

Which information is a person unable to obtain from a stock table?

a)

the yearly price range of the stock

b)

whether the stock price is up or down

c)

breaking news affecting the company that day

3.

What does an income statement show about a company over a period of time?

a)

equity

b)

liabilities

c)

profitability

d)

reliability

4.

Which is a true statement about ticker symbols?

a)

They identify the kind of stock.

b)

They are only given to companies on the New York Stock Exchange.

c)

They uniquely identify a company.

5.

On a stock table, net change shows the difference between:

a)

the highest and lowest prices for the day.

b)

the day's closing price and the previous day's price.

c)

the highest and lowest prices for the year.

6.

If a stock price rises and falls sharply within a 52-week period, it is said to be:

a)

solid.

b)

healthy

c)

stable.

d)

volatile.

7.

Publicly traded companies are required to provide:

a)

stock research.

b)

business report cards.

c)

financial statements

8.

Which item should be placed in the liabilities section on a company balance sheet?

a)

inventory

b)

cash

c)

buildings

d)

employee wages

9.
What is the purpose of a balance sheet?
a)
To determine your budget
b)
To determine your income
c)
To determine your credit card debt
d)
To determine your net worth
10.

Investments include financial risks

a)

True

b)

False

11.

 Calculate the Return on Equity if the Net income is $7,009 and the shareholder’s equity is $20,316.

a)

27.44%

b)

41.72%

c)

34.5%

d)

39.42%

e)

30.2%

12.

Which of the following Best Describes Net Worth?

a)

How much a company has in debt

b)

The amount of assets a company has

c)

Assets - Liabilities, also called Book Value

d)

The same as accounts receivable

13.

Return on Assets is also known as Return on ----------

a)

Liabilities

b)

Capital

c)

Funds

d)

Investment

14.

------------------ ratios measure the degree of operating success of a business.

a)

Solvency

b)

Liquidity

c)

Profitability

d)

Efficiency

15.

Which below is best defined as Qualitative Analysis?

a)

Research tool used to analyse a company based on numerical indicators

b)

Research tool used to analyse an organization based on non-numerical indicators

c)

Research tool used to analyse a company based on numerical and non-numerical data

d)

Research tool used to analyse an organization based on structured data

16.

Qualitative and Quantitative approaches are classifications of financial analysis.

a)

True

b)

False

17.

We can use a single indicator to determine the financial status of a company

a)

No way, Jose

b)

With the right indicator it is possible

c)

We just need two

d)

Wrong, we need at least two indicators

18.

The annual report

a)

Provides qualitative information

b)

It is a statistical report

c)

It is only a quantitative report

d)

It is an external report

19.

With this financial statement we can identify where the money is earned and where the money is spent

a)

Cash flow statement

b)

Working capital

c)

Current ratio

d)

Debt/asset ratio

20.

Helps determine present and future profitability

a)

Income statement

b)

Outcome stament

c)

Cash flow stament

d)

Profits stament

21.

The Balance sheet is looked at

a)

To determine the operational efficiency of a business

b)

To determine the operational loss and profit

c)

To determine the operational net profit and net loss

d)

To determine the operational efficiency of a loan

22.

What should a buyer do before investing?

a)

graduate from college

b)

be at least 21 years old

c)

conduct thorough research

23.

Fundamental analysis estimates the value of a stock primarily so investors can tell whether it is undervalued or overvalued.

a)

False

b)

True

24.

Scott invests $100/mo in his favorite stock. Last month, it was $20, he bought 5 shares but this month its $25, so he bought 4 shares. What is this strategy called?

a)

growth investing

b)

diversification

c)

dollar cost averaging

25.

The Printing Shop is popular with investors who continue buying shares when stock prices increase. Which company value is increasing?

a)

underlying

b)

intrinsic

c)

accounting

d)

market