FUNDAMENTALS OF CORPORATE FINANCE 11TH ED.
ROSS WESTERFIELD JORDAN CH 6,
FUNDAMENTALS OF CORPORATE TEST
Which of the following are examples of fixed assets?
equipment
inventory
warehouses
office supplies
equipment
warehouses
The primary purpose of issuing debt or equity shares is to raise Blank______ for the
firm.
dividends
taxes
awareness
cash
cash
Select all that apply
,Which of the following statements are true about shareholders' equity?
Shareholders' equity is the difference between the value of a firm's assets and its debt.
Shareholders' equity is the difference between the value of a firm's debt and its current
assets.
Shareholders' equity is a residual claim on a firm's assets.
Shareholders' equity represents the claim on a firm's assets by the firm's creditors.
Shareholders' equity is the difference between the value of a firm's assets and its debt.
Shareholders' equity is a residual claim on a firm's assets.
Which of the following is an example of a current liability?
shareholders' equity
goodwill
accounts payable
15-year bond
accounts payable
A ______ liability does not have to be paid within 1 year.
current
,restive
long-term
short-term
long-term
Which of the following are examples of current assets?
equipment
cash
patents
inventory
cash
inventory
_____ budgeting is the process of making and managing expenditures on long-term
assets.
Performance-based
Capital
Conventional
Optional
Capital
, On a balance sheet, patents and trademarks are classified as
fixed liabilities
current liabilities
current assets
fixed assets
fixed assets
Which term applies to the mixture of debt and equity maintained by a firm?
cash management
capital budget
net working capital
capital structure
capital structure
Shareholders' equity is the difference between which of the following?
current assets and current liabilities
total assets and total debt
fixed assets and long-term debt
total assets and long-terDebt
Total Assets And Total Debt
ROSS WESTERFIELD JORDAN CH 6,
FUNDAMENTALS OF CORPORATE TEST
Which of the following are examples of fixed assets?
equipment
inventory
warehouses
office supplies
equipment
warehouses
The primary purpose of issuing debt or equity shares is to raise Blank______ for the
firm.
dividends
taxes
awareness
cash
cash
Select all that apply
,Which of the following statements are true about shareholders' equity?
Shareholders' equity is the difference between the value of a firm's assets and its debt.
Shareholders' equity is the difference between the value of a firm's debt and its current
assets.
Shareholders' equity is a residual claim on a firm's assets.
Shareholders' equity represents the claim on a firm's assets by the firm's creditors.
Shareholders' equity is the difference between the value of a firm's assets and its debt.
Shareholders' equity is a residual claim on a firm's assets.
Which of the following is an example of a current liability?
shareholders' equity
goodwill
accounts payable
15-year bond
accounts payable
A ______ liability does not have to be paid within 1 year.
current
,restive
long-term
short-term
long-term
Which of the following are examples of current assets?
equipment
cash
patents
inventory
cash
inventory
_____ budgeting is the process of making and managing expenditures on long-term
assets.
Performance-based
Capital
Conventional
Optional
Capital
, On a balance sheet, patents and trademarks are classified as
fixed liabilities
current liabilities
current assets
fixed assets
fixed assets
Which term applies to the mixture of debt and equity maintained by a firm?
cash management
capital budget
net working capital
capital structure
capital structure
Shareholders' equity is the difference between which of the following?
current assets and current liabilities
total assets and total debt
fixed assets and long-term debt
total assets and long-terDebt
Total Assets And Total Debt
