Score for this quiz: 95 out of 100 *
Submitted Nov 6 at 11:13pm
This attempt took 22 minutes.
Question 4
Not yet graded / 5 pts
What's your key takeaway from this module? Limit 50 words.
Your Answer:
This week helped me to learn finding financial statements, and performing calculations such as P/E to understand and make decisions
Question 5
5 / 5 pts
Which of the following are current assets?
I. patent
II. inventory
III. accounts payable
IV. cash
Question 7
10 / 10 pts
For a tax-paying firm, an increase in _____ will cause the cash flow from assets to increase.
Question 8
10 / 10 pts
A firm has $520 in inventory, $1,860 in fixed assets, $190 in accounts receivables, $210 in accounts payable, and $70 in cash. What is the amount of the current assets?
Current assets = $520 + $190 + $70 = $780
Question 9
5 / 5 pts
A firm has net working capital of $640. Long-term debt is $4,180, total assets are $6,230, and fixed assets are $3,910. What is the amount of the total liabilities?
Current assets = $6,230 - $3,910 = $2,320
Current liabilities = $2,320 - $640 = $1,680
Total liabilities = $1,680 + $4,180 = $5,860
Question 10
10 / 10 pts
The Daily News had net income of $121,600 of which 40 percent was distributed to the shareholders as dividends. During the year, the company sold $75,000 worth of common stock. What is the cash flow to stockholders?
Cash flow to stockholders = .40($121,600) - $75,000 = -$26,360
Question 11
10 / 10 pts
The 2010 balance sheet of Global Tours showed current assets of $1,360 and current liabilities of $940. The 2011 balance sheet showed current assets of $1,640 and current liabilities of $1,140. What was the change in net working capital for 2011?
Change in net working capital = ($1,640 - $1,140) - ($1,360 - $940) = $80
Quiz Score: 95 out of 100
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