Peregrine Exam – Finance Exam Questions With 100% Verified Answers

Peregrine Exam – Finance Exam Questions With 100% Verified Answers RETAINED EARNINGS Begin retained earnings + Profit/losses- Dividents - answerAn amount earned by a corporation and not yet distributed to stockholders. Inventory turnover ratio COGS/ Average Inventory - answerratio showing how many times a company has sold and replaced inventory during a given period. ROA - answermetric that measures the profitability of a business in relation to its total assets. This ratio indicates how well a company is performing by comparing the profit (net income) it's generating to the capital it's invested in assets. INCOME STATEMENTS - answerA report summarizing a firm's revenues, expenses, and profits during a reporting period, generally a quarter or a year. OPERATING MARGINS Equal to operating income divided by revenue - answera profitability ratio measuring revenue after covering operating and non-operating expenses of a business. Also referred to as return on sales, the operating income is t