WGU D775- Intro to Business Finance UPDATED ACTUAL Questions and
CORRECT Answers
Financial ratios Company 'vital signs' used to diagnose financial health; they help you ask better
questions, not give final answers.
Balance sheet Snapshot of what a company owns (assets) and owes (liabilities) at one point in
time.
Income statement Video of performance over a period; shows revenue, expenses, and profit.
CORRECT Answers
Financial ratios Company 'vital signs' used to diagnose financial health; they help you ask better
questions, not give final answers.
Balance sheet Snapshot of what a company owns (assets) and owes (liabilities) at one point in
time.
Income statement Video of performance over a period; shows revenue, expenses, and profit.