NAB CORE RCAL-FINANCIAL Exam | MOST RECENT EXAM 2026
ACTUAL COMPREHENSIVE FREQUENTLY MOST TESTED REAL EXAM
QUESTIONS AND VERIFIED SOLUTIONS | GET IT 100% ACCURATE!!
ALREADY GRADED A+ | NEWEST EXAM | JUST RELEASED!!
Income Statement - ANSWER-A measure of financial flow over
time
Balance Sheet - ANSWER-Assets = Liabilities + Stockholders'
Equity
Non for profit balance sheet - ANSWER-Is called Statement of
financial position
net worth - ANSWER-total assets minus total liabilities
Acid Test Ratio - ANSWER-Cash, current investments, and
accounts receivable divided by current liabilities; measures the
availability of liquid current assets to pay current liabilities
Working Capital Ratio - ANSWER-Do you have enough short
term assets to
cover immediate
liabilities
Cash Flow Ratio - ANSWER-Less than 1 then you are screwed
, Deferred Revenue - ANSWER-divide this by cash+savings. If
deferred rev is
exceeds cash+savings you may be spending
restricted funds
Return on Equity (ROE) - ANSWER-Net Income/Total Equity:
long term growth
collection ratio - ANSWER-AR/365: average number of days to
to collect
Asset Turnover - ANSWER-Revenue/Total Assets
debt to assets ratio - ANSWER-total liabilities/total assets
Cash Flow Statement - ANSWER-Acts as a checkbook that
reconciles the
balance sheet and the income
statement
Cash flow - ANSWER-Operating- revenue and
expenses day to day
Investments-money market fund
earned/spent
Financing-cost to refinance, purchase
capital equip
ACTUAL COMPREHENSIVE FREQUENTLY MOST TESTED REAL EXAM
QUESTIONS AND VERIFIED SOLUTIONS | GET IT 100% ACCURATE!!
ALREADY GRADED A+ | NEWEST EXAM | JUST RELEASED!!
Income Statement - ANSWER-A measure of financial flow over
time
Balance Sheet - ANSWER-Assets = Liabilities + Stockholders'
Equity
Non for profit balance sheet - ANSWER-Is called Statement of
financial position
net worth - ANSWER-total assets minus total liabilities
Acid Test Ratio - ANSWER-Cash, current investments, and
accounts receivable divided by current liabilities; measures the
availability of liquid current assets to pay current liabilities
Working Capital Ratio - ANSWER-Do you have enough short
term assets to
cover immediate
liabilities
Cash Flow Ratio - ANSWER-Less than 1 then you are screwed
, Deferred Revenue - ANSWER-divide this by cash+savings. If
deferred rev is
exceeds cash+savings you may be spending
restricted funds
Return on Equity (ROE) - ANSWER-Net Income/Total Equity:
long term growth
collection ratio - ANSWER-AR/365: average number of days to
to collect
Asset Turnover - ANSWER-Revenue/Total Assets
debt to assets ratio - ANSWER-total liabilities/total assets
Cash Flow Statement - ANSWER-Acts as a checkbook that
reconciles the
balance sheet and the income
statement
Cash flow - ANSWER-Operating- revenue and
expenses day to day
Investments-money market fund
earned/spent
Financing-cost to refinance, purchase
capital equip
