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