A) Strategies succeed only if finances are managed well B) Strategies can be implemented without them C) They are only needed for reporting D) They reduce competition
A) Central B) Irrelevant C) Optional D) Secondary
A) Cultural advantage B) Competitive advantage C) Legal advantage D) Political advantage
A) Amount of cash on hand B) Level of profits C) Market value of stock D) Mix of debt and equity
A) Evaluate competitors B) Measure employee productivity C) Forecast sales D) Decide the best capital structure
A) Earnings Per Stock B) Estimated Profit Share C) Earnings Per Share D) Equity Per Share
A) Earnings Before Income Taxes B) Earnings After Taxes C) Equity Before Interest and Taxes D) Earnings Before Interest and Taxes
A) Earnings And Taxes B) Earnings After Taxes C) Earnings At Time D) Equity After Taxes
A) Compute EPS B) Graph EPS and EBIT C) Gather input data D) Calculate taxes
A) Y-axis B) Z-axis C) X-axis D) Horizontal bar
A) Z-axis B) Horizontal bar C) X-axis D) Y-axis
A) Has the lowest debt B) Avoids taxes C) Has the highest EPS for a given EBIT level D) Uses only equity
A) Interest expense B) Tax rates C) Net income D) Control and flexibility
A) 4 years B) 3 years C) 2 years D) 5 years
A) Cash Flow Statement B) Balance Sheet C) Income Statement D) Statement of Retained Earnings
A) Dividends only B) Assets only C) COGS and operating expenses D) Taxes only
A) Sales − expenses B) Net income + dividends C) EBIT − taxes D) Net income − dividends
A) Liability B) Fixed value C) Plug figure D) Dividend
A) To explain assumptions and major changes B) To hide losses C) To increase length D) To calculate EPS
A) Acquisitions B) Mergers C) Divestitures D) Daily operations
A) P/E Ratio Method B) Net Income Method C) Net Worth Method D) Outstanding Shares Method
A) Net income × 10 B) Net income × 5 C) Net income × stock price D) Net income ÷ EPS
A) EPS × P/E ratio B) Assets − liabilities C) Number of shares × stock price D) Net income × 5
A) Predicts stock prices B) Replaces financial statements C) Tracks performance and identifies strengths and weaknesses D) Eliminates risk
A) Issues bonds B) Sells stock to the public for the first time C) Declares dividends D) Buys another firm |