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Worksheets

July2023

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

When Expenses are greater than Revenue a company has a __?

a)

Net Loss

b)

Shareholders Equity

c)

Net Profit

d)

Liabilities

2.

Which of the 5 C's of Credit is pledged as security for a repayment of a loan

a)

Capacity

b)

Character

c)

Collateral

d)

Conditions

3.

A ratio that compares investor's and creditors stake in a company.

a)

Debt Ratio

b)

Debt to Equity Ratio

c)

Equity Ratio

d)

Profit Margin Ratio

4.

The most liquid asset a company has is __?

a)

Inventory

b)

Accounts Receivable

c)

Cash

d)

Human Capital

5.

The Formula to calculate Return on Assets is

a)

Net Income divided by Sales

b)

Units times Price

c)

Net Income divided by Liabilities

d)

Net Income divided by Assets

6.

Time Value of money indicates that

a)

Money Obtained today is worth more than a unit of money obtained in the future

b)

Money obtained today is worth less than a unit of money obtained in the future

c)

There is no difference in the value of money obtained today and tomorrow

d)

Money increases in value if it is kept in a safety deposit box

7.

Which of the following statements concerning NPV is NOT True?

a)

NPV technique takes into account the time value of money

b)

NPV is the sum of all the discounted cashflows associated with a project

c)

NPV technique takes into account all the cashflows associated with the project.

d)

The projected expected to yield the lowest NPV should be selected

8.

If the Payback period is 4 years and the cashflow is $2,750,000 each year, what is the initial investment

a)

$9,000,000

b)

$10,000,000

c)

$11,000,000

d)

$12,000,000

9.

The future value (approx.) where present value = 1,000, r=6%, and n=10 = ?

FV = PV x (1+r)^t

a)

$1,600.22

b)

$400.01

c)

$1,790.85

d)

$1,645.32

10.

The Balance Sheet Equation is

a)

Assets = Liabilities + Owners Equity

b)

Liabilities = Assets + Owners Equity

c)

Owners Equity = Assets + Liabilities

d)

Assets = Liabilities - Owners Equity