FIN 335 FINAL EXAMS ANSWERS AND QUESTIONS
SET A+
✔✔Dividends per share is equal to - ✔✔Dividends paid divided by thr total number of
shares outstanding
✔✔What is typically not a current asset - ✔✔Patents
✔✔Marketvalue always exceeds - ✔✔Book value
✔✔What is an example of a use of cash - ✔✔Dividends paid
✔✔Example of a source of cash - ✔✔A decrease in inventory
✔✔Paid in surplus is not considered - ✔✔Stockholders equity
✔✔Activites of the firm that generate cash are known as - ✔✔Sources of cash
✔✔Activited of the firm in which cash is spent are known as - ✔✔Uses of cash
✔✔Relationships determined from a firms financial info and used for comparison
purposes are known as - ✔✔Financial ratios
✔✔Financial rations that measure the firms ability to pay its bills over the short run
without undue stress are known as - ✔✔Short term solvency rations
✔✔Current ratio is measured as - ✔✔Current assest/current liabilities
✔✔Quick ratio - ✔✔Current assests minus inventory divided by current liabilities
✔✔The financial ratio measured as total assets minus total equity divided by total
assets is - ✔✔Total debt ratio
SET A+
✔✔Dividends per share is equal to - ✔✔Dividends paid divided by thr total number of
shares outstanding
✔✔What is typically not a current asset - ✔✔Patents
✔✔Marketvalue always exceeds - ✔✔Book value
✔✔What is an example of a use of cash - ✔✔Dividends paid
✔✔Example of a source of cash - ✔✔A decrease in inventory
✔✔Paid in surplus is not considered - ✔✔Stockholders equity
✔✔Activites of the firm that generate cash are known as - ✔✔Sources of cash
✔✔Activited of the firm in which cash is spent are known as - ✔✔Uses of cash
✔✔Relationships determined from a firms financial info and used for comparison
purposes are known as - ✔✔Financial ratios
✔✔Financial rations that measure the firms ability to pay its bills over the short run
without undue stress are known as - ✔✔Short term solvency rations
✔✔Current ratio is measured as - ✔✔Current assest/current liabilities
✔✔Quick ratio - ✔✔Current assests minus inventory divided by current liabilities
✔✔The financial ratio measured as total assets minus total equity divided by total
assets is - ✔✔Total debt ratio
