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MANAGING FINANCIAL HEALTH

Total questions: 8

Worksheet time: 3mins

Name
Class
Date
1.

Financial statements consist of these 3 EXCEPT

a)

Balance sheet

b)

Income statement

c)

Balance of cash income

d)

Statement of cash flow

2.

Which is NOT included in income statement:

a)

Shareholder's equity

b)

Operating income

c)

Taxable income

d)

Revenue and cost

3.

Which is NOT cash flow

a)

Cash provided by operation

b)

Cash provided by financing activities

c)

Cash provided by flow of depreciation

d)

Cash provided by investment

4.

What is common-size balance sheet?

a)

Summarizes a firms assets, liabilities, and owner’s equity

b)

Summarizes a firms assets, liabilities, and owner’s equity in percentage

c)

Summarize the revenues, expenses, and net income of a firm

d)

Summarize the firm’s cash receipts and cash payments

5.

What is income statement?

a)

Summarizes a firms assets, liabilities, and owner’s equity

b)

A record of the flow revenues, expenses, and net income of a firm

c)

Summarizes a firms assets, liabilities, and owner’s equity in percentage

d)

Summarize the firm’s cash receipts and cash payments

6.

Which is NOT balance sheet item?

a)

Receivables

b)

Payables

c)

Intangible assets

d)

Depreciation

7.

Book value is more relevant to the financial decision maker.

a)

True

b)

False

8.

Which measure should you use if you want to see how much value has been added for each dollar you as a shareholder has invested?

a)

Current Ratio

b)

Market-to-book Ratio

c)

Turnover Ratio

d)

Interest Coverage Ratio