Finance > QUESTIONS & ANSWERS > WGU C214 Concepts Only Multi Choice Version Questions and Answers with Complete Solutions (All)

WGU C214 Concepts Only Multi Choice Version Questions and Answers with Complete Solutions

Document Content and Description Below

WGU C214 Concepts Only Multi Choice Version Questions and Answers with Complete Solutions Trading on the NYSE is executed without a specialist (i.e. a market maker). (T/F) ✔✔F Stocks and bonds... are two types of financial instruments (T/F) ✔✔T The matching principle in accrual accounting requires that: a. Revenues be recognized when the earnings process is complete and matches expenses to revenues recognized. b. Expenses are matched to the year in which they are incurred c. Revenues are matched to the year in which they are booked d. Revenues should be large enough to match expenses ✔✔a A basic equation for the balance sheet is: a. Equity = Assets - Liabilities b. Liabilities = Equity + Assets c. Assets = Liabilities - Equity d. Assets = Equity - Liabilities ✔✔a Why is the Balance Sheet known as a permanent statement? a. Because the statement is sent to the SEC. b. Because the other statements are reset at the end of the fiscal year c. Because it is printed out and archived d. Because it persists in the minds of the shareholders. ✔✔b How do you calculate the change in Retained Earnings? a. Ending Retained Earnings - Change in Cash b. EBIT divided by Total Assets + Dividends c. EBIT - Change in Cash - Dividends d. Net Income - Dividends ✔✔d Which of the following is generally true? a. Gross Profit and Operating Income are the same b. Cost of Goods Sold + Operating Expenses = Net Income c. Operating Income and EBIT are the same d. EBIT + Income Taxes = Net income ✔✔c Which components are part of total assets? a. Cash, Accounts Receivable, Short Term Debt b. Cash Accounts Receivable, Inventory, Long Term Assets c. Accounts Payable, Long Term Assets, Long Term Debt d. Accounts Payable, Net Income, Equity ✔✔b Which components are part of current assets? a. Cash, Accounts Receivable, Property Plant & Equipment b. Accounts Receivable, Accounts Payable, Inventory c. Long Term Debt, Property Plant & Equipment, Common Stock d. Inventory, Cash, Accounts Receivable, Short Term Investments ✔✔d Which components are part of Total Liabilities? a. Accounts Payable, Accounts Receivable, Short Term Debt b. Long Term Debt, Common Stock, Retained Earnings c. Bonds, Accounts Payable, Mortgage d. Common Stock, Long Term Debt, Short Term Investments ✔✔c When Fixed Assets increase what happens to Cash? a. Cash stays the same b. Cash increases c. Cash decreases d. Assets decrease ✔✔c Which is the purpose of the statement of cash flows? a. serves as the replacement for the income statement and balance sheet b. explains the change in cash balance at one point in time c. explains the change in cash balance for one period of time d. both (a) and (b) above ✔✔c The OIROI (Operating Income Return on Investment) uses what elements on the income statement? a. Operating Income, EBIT, Total Liabilities b. EBIT, Total Assets c. Sales, Total Assets, Equity d. Net Margin, Total Current Assets ✔✔b Why would a company be interested in the TAT(Total Asset Turnover) ratio? a. How efficient assets are at producing income b. What the turnover of sales is to liabilities c. How efficient assets are at producing sales d. How efficient assets are to liabilities and equity ✔✔c Which of the following gives the largest effective rate (APY) a. 18.6% compounded monthly b. 18.6% compounded daily c. 18.6% compounded weekly d. 18.6% compounded yearly ✔✔b What does the beta coefficient represent? a. It is a statistically-derived measure of volatility b. It is the Expected Return minus the Growth Rate c. It is the volatility of the Risk Free Return d. It is the expected return for a basket of preferred stocks ✔✔a Why is depreciation expense taken out of the net income calculation, yet added back at the end? a. Because fixed assets should remain on the balance sheet b. Because depreciation is not a current asset c. Because depreciation is a non-cash liability d. Because depreciation expense is tax deductible ✔✔d Why is the NPV preferred over the IRR? Pick Two a. It has a higher dollar value b. It measures the dollar value c. It is more reliable d. It is harder to calculate ✔✔b, c What does the Degree of Financial Leverage indicate? a. The firms cash balance b. The cost of financed assets c. The reliance on debt d. The reliance on assets ✔✔c If a company has a high degree of financial leverage, what does that tell us about the firm's risk profile? a. Low Risk b. Appropriate Risk c. Higher ability to pay debt d. Higher profits to shareholders ✔✔d What is the cash cycle? a. The speed of collecting cash from customers b. The amount of cash kept in banks c. The comparison of debt to cash d.The amount of time to regenerate cash ✔✔d Why is float important to understand? a. To know how to keep the company profitable b. To know why the company needs cash c. To determine when to buy fixed asset [Show More]

Last updated: 1 year ago

Preview 1 out of 49 pages

Also available in bundle (1)

WGU C214 BUNDLED EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS

WGU C214 BUNDLED EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS

By Nutmegs 1 year ago

$39

13  

Reviews( 0 )

Recommended For You

 *NURSING> QUESTIONS & ANSWERS > ATI Pharmacology Proctored Test Bank complete questions and answers with rationale (All)

preview
ATI Pharmacology Proctored Test Bank complete questions and answers with rationale

ATI Pharmacology Proctored Test Bank complete questions and answers with rationale

By A+ PRODUCER , Uploaded: Jan 21, 2021

$11

 *NURSING> QUESTIONS & ANSWERS > ATI Mental Health Proctored | Complete Questions and Answers With the best revision information (All)

preview
ATI Mental Health Proctored | Complete Questions and Answers With the best revision information

ATI RN Mental Health Proctored-2021 100% Complete Questions and Answers With updated information| Detailed Questions And 100% Correct Answers Highlighted in YELLOW. GRADED A+ | A charge nurse is discu...

By QUIZCzAR , Uploaded: Feb 27, 2021

$6

 Health Care> QUESTIONS & ANSWERS > Maternal Newborn ATI proctored, Study Guide Material Questions and Answers with Explanations (latest Update), 100% Correct (All)

preview
Maternal Newborn ATI proctored, Study Guide Material Questions and Answers with Explanations (latest Update), 100% Correct

Maternal Newborn ATI proctored, Study Guide Material Questions and Answers with Explanations (latest Update), 100% Correct, Download to Score A

By TopScholar , Uploaded: Dec 12, 2020

$9

 *NURSING> QUESTIONS & ANSWERS > ACLS Exam Version A . questions and answers with verified solutions (All)

preview
ACLS Exam Version A . questions and answers with verified solutions

ACLS Exam Version A . questions and answers with verified solutions

By klaus , Uploaded: May 30, 2022

$11.5

 *NURSING> QUESTIONS & ANSWERS > NURS 6550 Midterm Exam –Question and Answers with Rationals – Walden University (All)

preview
NURS 6550 Midterm Exam –Question and Answers with Rationals – Walden University

NURS 6550 Midterm Exam – Question and Answers with Rationals – Walden University 1. The AGACNP is caring for a patient who is quite ill and has developed, among other things, a large right sided ple...

By Prof.Pierro , Uploaded: Jul 10, 2022

$11

 *NURSING> QUESTIONS & ANSWERS > ANCC _American Nurses Credentialing Center (ANCC). Practice Questions and Answers with Complete Solutions (All)

preview
ANCC _American Nurses Credentialing Center (ANCC). Practice Questions and Answers with Complete Solutions

ANCC Practice Questions and Answers with Complete Solutions In the early stages of iron deficient anemias, blood studies show: (a) macrocytic normochromic (b) microcytic hypochromic (c) normochro...

By Alphascore , Uploaded: Nov 14, 2022

$9.5

 Health Care> QUESTIONS & ANSWERS > CPR Test (25 questions and answers with complete solutions) Latest Updated 2022 Already Graded A+ (All)

preview
CPR Test (25 questions and answers with complete solutions) Latest Updated 2022 Already Graded A+

CPR Test (25 questions and answers with complete solutions) Latest Updated 2022 Already Graded A+ What is the rate for chest compressions per minute for any age? Correct Answer-100 compressions per...

By Nutmegs , Uploaded: Jul 07, 2022

$7.5

 USAREUR> QUESTIONS & ANSWERS > USAREUR Questions and Answers with Complete Solution 2023 (All)

preview
USAREUR Questions and Answers with Complete Solution 2023

USAREUR Questions and Answers with Complete Solution 2023 What does this sign indicate? circle 4 lines -ANS>> autobanh Drunk driving is a felony in Germany and may result in imprisonment for up...

By Crescent , Uploaded: May 18, 2023

$9

 Business> QUESTIONS & ANSWERS > Cicerone Questions and Answers with Complete and Certified Solutions (All)

preview
Cicerone Questions and Answers with Complete and Certified Solutions

Cicerone Questions and Answers with Complete and Certified Solutions In a balanced draft system what would the rate of pour be? ✔✔ 1 gallon per minute or 2oz per second What are the main diffe...

By Alphascore , Uploaded: Mar 26, 2023

$9

 English> QUESTIONS & ANSWERS > The Great Gatsby Test Questions and Answers with Certified Solutions (All)

preview
The Great Gatsby Test Questions and Answers with Certified Solutions

The Great Gatsby Test Questions and Answers with Certified Solutions Who was the only person other than Nick and Mr. Gatz to attend Gatsby's funeral ✔✔Owl Eyes Who was the professional golfer accus...

By Nutmegs , Uploaded: Mar 15, 2023

$10

$10.00

Add to cart

Instant download

Can't find what you want? Try our AI powered Search

OR

GET ASSIGNMENT HELP
110
0

Document information


Connected school, study & course



About the document


Uploaded On

Aug 23, 2022

Number of pages

49

Written in

Seller


seller-icon
Nutmegs

Member since 2 years

571 Documents Sold


Additional information

This document has been written for:

Uploaded

Aug 23, 2022

Downloads

 0

Views

 110

Document Keyword Tags

THE BEST STUDY GUIDES

Avoid resits and achieve higher grades with the best study guides, textbook notes, and class notes written by your fellow students

custom preview

Avoid examination resits

Your fellow students know the appropriate material to use to deliver high quality content. With this great service and assistance from fellow students, you can become well prepared and avoid having to resits exams.

custom preview

Get the best grades

Your fellow student knows the best materials to research on and use. This guarantee you the best grades in your examination. Your fellow students use high quality materials, textbooks and notes to ensure high quality

custom preview

Earn from your notes

Get paid by selling your notes and study materials to other students. Earn alot of cash and help other students in study by providing them with appropriate and high quality study materials.


$10.00

WHAT STUDENTS SAY ABOUT US


What is Browsegrades

In Browsegrades, a student can earn by offering help to other student. Students can help other students with materials by upploading their notes and earn money.

We are here to help

We're available through e-mail, Twitter, Facebook, and live chat.
 FAQ
 Questions? Leave a message!

Follow us on
 Twitter

Copyright © Browsegrades · High quality services·