Adventis

ADVENTIS FMC LEVEL 1 MC PRACTICE Exam with Correct Solutions 2024 Updated what is the purpose of the income statement? What does it indicate? - Answer -to show stakeholders if the firm made or lost money during the period being reported it indicates how revenues are transformed into net income define: Revenue - Answer -the amount charged for the delivery of goods and services define: COGS - Answer -direct costs of producing revenue define: Operating Expense - Answer -all other expense...

Adventis Level II with correct answers.

ADVENTIS FMC CERTIFICATION LEVEL I With Correct Solutions 2024 Three financial statements income statement, balance sheet, cash flow statement Purpose of the Income Statement show stakeholders whether the company made or lost money during the period being reported Revenue (Sales) amount charged for the delivery of goods or services Cost of Sales (Cost of Goods Sold) the direct cost of producing revenue (raw materials, direct wages, etc.) Gross Profit revenue less cost of sales Operat...

Adventis Level 2 2024

ADVENTIS FMC LEVEL 2 With Correct Solutions 2024 what is value - Answer -what people are willing to pay for (what the buyer pays) who said, "Value is what people are willing to pay for" - Answer -John Naisbitt 2 primary types of valuation - Answer -1. relative valuation 2. intrinsic valuation relative valuation refers to what - Answer -methods that compare the price of a company to the market value of similar assets intrinsic value refers to what - Answer -the value of a company through...

What are the three financial statements, and what do they do - ans income statement, balance sheet, cf statement they communicate the finanical conditions, results of operations, and other activties of an organization. The three finanical statements provide info to various stakeholders. How does the board of directors use finanical statements? - ans to hold mgmt acountable, make board-level decisions about corporate strategy company mgmt-- how do they use fina statements? - ans t...

Relative Valuation - right answer--Methods that compare the price of a company to the market value of similar assets. Two primary types of relative valuation are comparable company analysis and acquisition comparables analysis. Intrinsic Valuation - right answer--Refers to the value of a company through fundamental analysis around its ability to generate cash flow. The most commonly used method of intrinsic valuation is the discounted cash flow ("DCF") analysis. Transaction Value vs. Pur...

debt service is defined as - right answer--the required principal amortization and interest a common proxy for cash flow is - right answer--EBITDA tangible net worth is defined as - right answer--book equity less goodwill and intangibles True or false: a good ratio to measure liquidity of a firm is debt/EBITDA - right answer--false cash conversion cycle is - right answer--DSO + DIO -DPO all of the following are examples of leverage covenants except for - right answer--current asse...

what is the purpose of the income statement? What does it indicate? - ans to show stakeholders if the firm made or lost money during the period being reported it indicates how revenues are transformed into net income define: Revenue - ans the amount charged for the delivery of goods and services define: COGS - ans direct costs of producing revenue define: Operating Expense - ans all other expenses required to run the business what does Operating Income indic...