UGA FINA 3000 Exam 1 Question and
answers already passed
__________: represents the "book value" of the firm's equity - correct answers
shareholder equity
The ______________ represents a historical value of the firm's assets -
correct answers balance sheet
The _______________ represents the current value investors place on the
firm's future - correct answers stock price
Dividends + Shareholder equity = - correct answers Net Income
Sales - Cogs = - correct answers Gross Profit
___________________: market value of all trading common stock for a
company - correct answers market capitalization
Price per share x number of shares = - correct answers market cap
If shareholder equity is greater than market cap, the firm is _____________ -
correct answers failing
Market value of CS + Market value of PS + Market Value of Interest bearing
debt - cash = - correct answers enterprise value
, Finance focuses on when cash is _______________ - correct answers
received
Financial ratios: Can the firm pay its __________________ bills? - correct
answers short-term
financial ratios: how ________ is management? - correct answers efficient
financial ratios: how ___________ is the firm? - correct answers profitable
financial ratios: how does the market ______________ the firm? - correct
answers value
current assets/current liabilities - correct answers current ratio
(current assets-inventory)/current liabilities - correct answers quick ratio
-"acid" test
cash/current liabilities - correct answers cash ratio
liquidity ratios are used to determine how easily can we convert to
___________ - correct answers cash
efficiency ratios are used to determine how well does the firm manage its
_______________ - correct answers current assets
sales/accounts receivable - correct answers accounts receivable turnover
answers already passed
__________: represents the "book value" of the firm's equity - correct answers
shareholder equity
The ______________ represents a historical value of the firm's assets -
correct answers balance sheet
The _______________ represents the current value investors place on the
firm's future - correct answers stock price
Dividends + Shareholder equity = - correct answers Net Income
Sales - Cogs = - correct answers Gross Profit
___________________: market value of all trading common stock for a
company - correct answers market capitalization
Price per share x number of shares = - correct answers market cap
If shareholder equity is greater than market cap, the firm is _____________ -
correct answers failing
Market value of CS + Market value of PS + Market Value of Interest bearing
debt - cash = - correct answers enterprise value
, Finance focuses on when cash is _______________ - correct answers
received
Financial ratios: Can the firm pay its __________________ bills? - correct
answers short-term
financial ratios: how ________ is management? - correct answers efficient
financial ratios: how ___________ is the firm? - correct answers profitable
financial ratios: how does the market ______________ the firm? - correct
answers value
current assets/current liabilities - correct answers current ratio
(current assets-inventory)/current liabilities - correct answers quick ratio
-"acid" test
cash/current liabilities - correct answers cash ratio
liquidity ratios are used to determine how easily can we convert to
___________ - correct answers cash
efficiency ratios are used to determine how well does the firm manage its
_______________ - correct answers current assets
sales/accounts receivable - correct answers accounts receivable turnover
