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