A firm has $520 in inventory, $1,860 in fixed assets, $190 in accounts receivables, $210 in accounts payable, and $70 in cash. What is the amount of the current assets?
Multiple Choice Quizzes with Answer in English (Page: 366)
A positive cash flow to stockholders indicates which one of the following with certainty?
Which one of the following statements related to the cash flow to creditors is correct?
Net capital spending:
Which one of the following is NOT included in cash flow from assets?
Which one of the following must be true if a firm had a negative cash flow from assets?
For a tax-paying firm, an increase in ____ will cause the cash flow from assets to increase.
Which one of the following will increase the cash flow from assets, all else equal?
Which one of the following statements is correct concerning a corporation with taxable income of $125,000?
Which one of the following statements related to an income statement is correct?
Depreciation:
As of 2008, which one of the following statements concerning corporate income taxes is correct?
Which one of the following statements related to taxes is correct?
Which one of the following statements related to an income statement is correct? Assume accrual accounting is used.
Which one of the following costs is most apt to be a fixed cost?
Which one of these is most apt to be a fixed cost?
Which one of the following is true according to Generally Accepted Accounting Principles?
You recently purchased a grocery store. At the time of the purchase, the store’s market value equaled its book value. The purchase included the building, the fixtures, and the inventory. Which one of the following is most apt to cause the market value of this store to be lower than the book value?
The book value of a firm is:
The higher the degree of financial leverage employed by a firm, the: