Test Bank For Analysis For Financial Management 13th Edition by Higgins, (Ch 1 to 9 Covered) LATEST UPDATE

Test Bank

Analysis For Financial Management
By Higgins,


13th Edition

,Table Of Content
Part One

Assessing The Financial Health Of The Firm

1 Interpreting Financial Statements

2 Evaluating Financial Performance

Part Two

Planning Future Financial Performance

3 Financial Forecasting

4 Managing Growth

Part Three

Financing Operations

5 Financial Instruments And Markets

6 The Financing Decision

Part Four

Evaluating Investment Opportunities

7 Discounted Cash Flow Techniques

8 Risk Analysis In Investment Decisions

9 Business Valuation And Corporate Restructuring

,Test Bank For Analysis For Financial Management 13th Edition Robert
Higgins, Jennifer Koski, Todd Mitton
Student Name:
Answers Are Located At The End Of Each Chapter
True/False - Write 'T' If The Statement Is True And 'F' If The Statement Is False.
1) Current Liabilities Are Defined As Liabilities With A Maturity Of Less Than One Year.
⊚ True
⊚ False



2) A Decline In The Net Property, Plant, And Equipment Account Between Year-End 2020
And Year-End 2021 Is A Clear Indication That Fixed Assets Were Sold During 2021.
⊚ True
⊚ False



3) When Reporting Financial Performance For Tax Purposes, U.S. Companies Prefer
To Use Accelerated Depreciation Methods Over The Straight-Line Method.
⊚ True
⊚ False


4) Accounting Rules Require U.S. Companies To Depreciate Research And Development
(R&D) Expenditures Using The Straight-Line Method.
⊚ True
⊚ False



5) You Can Construct A Sources And Uses Statement For 2021 If You Have A
Company’s Year- End Balance Sheets For 2021 And 2022.
⊚ True
⊚ False



6) A Reduction In Long-Term Debt Is A Use Of Cash.
⊚ True
⊚ False

, 7) The Accrual Principle Requires That Revenue Not Be Recognized Until Payment From
A Sale Is Received.
⊚ True
⊚ False



8) An Increase In Cash And Cash Equivalents Should Appear As A Use Of Cash On The
Sources And Uses Statement.
⊚ True
⊚ False



9) A Cash Flow Statement Places Each Source Or Use Of Cash Into One Of
Three Broad Categories: Operating Activities, Investing Activities, Or Financing
Activities.
⊚ True
⊚ False



10) The Cost Of Equity Is Usually Reported On The Income Statement Right Below
Interest Expense.
⊚ True
⊚ False



11) The United States Was One Of The First Countries To Adopt International
Financial Reporting Standards.

⊚ True
⊚ False



Multiple Choice - Choose The One Alternative That Best Completes The Statement Or
Answers The Question.
12) Which Of The Following Statements Concerning A Firm’s Cash Flows And Profits Is False?