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