WorksheetsAFS Mid Term Set 1
Total questions: 10
Worksheet time: 5mins
Bottom up Investing Approach means?
Company>Industry>Economy
Economy>Company>Industry
Industry>Company>Economy
Company>Economy>Industry
How many quarters are there in a year?
1
2
3
4
Which financial statement provides a snapshot of a company's financial position at a specific point in time?
Income Statement
Balance Sheet
Cash Flow Statement
Retained Earnings
Which of the following is NOT an example of an operating expense?
Rent Expense
Cost of Goods Sold
Interest expense
Marketing expense
The formula for calculating Net Income is
Total Assets - Total Liabilities
Total Revenue - Total Expenses
Total Revenue - Cost of Goods Sold
Total Equity - Retained Earnings
Which of the following is NOT a component of shareholders' equity?
Common Stock
Retained Earnings
Preferred Stock
Accounts Payable
Which of the following is a cause of demand-pull inflation?
Decrease in consumer spending
Increase in government spending
Decrease in money supply
Decrease in production costs
Cost-push inflation occurs when
Aggregate demand increases faster than aggregate supply
The cost of production inputs increases, leading to an increase in prices
The government increases taxes
The central bank decreases the money supply
When was the Union Budget 2024 declared?
February 01,2023
February 01,2024
February 05,2024
March 03,2024
The debt-to-equity ratio is calculated as
Total Debt / Total Equity
Total Equity / Total Debt
Total Assets / Total Equity
Total Equity / Total Assets
